Question
As per the Insolvency and Bankruptcy Code, what is the
minimum amount of default for the insolvency and liquidation of corporate debtors, as specified by the Central Government?Solution
Section 4-Application of this Part: (1) This Part shall apply to matters relating to the insolvency and liquidation of corporate debtors where the minimum amount of the default is one lakh rupees:Provided that the Central Government may, by notification, specify the minimum amount of default of higher value which shall not be more than one crore rupees.In exercise of the powers conferred by the proviso to section 4 of the IB Code, 2016, the Central Government hereby specifies one crore rupees as the minimum amount of default for the purposes of the said section.Â
Arrange the following Nawabs of Bengal in correct chronological order.
I. Alivardi Khan
II. Murshid Quli Khan
III. SirajuddaulahÂ
Which of the following methods can be used to control excess demand in the economy?
The Central Government has recently announced an extension of maternity leave from 12 weeks to 26 weeks, but what specific scenario is eligible for six ...
When is the first phase of Bima Sugam, the digital insurance platform, now expected to be rolled out?
Which edition of the Hornbill Festival was celebrated in 2024?Â
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In which year was the new education policy implemented in Uttarakhand?
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Consider the following statements regarding the Chhath Festival:
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