Question
What is the required percentage of voting shares by the
committee of creditors to instruct the resolution professional to apply for an extension of the corporate insolvency resolution process beyond 180 days?Solution
Section 12-Time-limit for completion of insolvency resolution process: (2) The resolution professional shall file an application to the Adjudicating Authority to extend the period of the corporate insolvency resolution process beyond one hundred and eighty days, if instructed to do so by a resolution passed at a meeting of the committee of creditors by a vote of sixty-six per cent. of the voting shares.
The Maharashtra Rent Control Act applies to which type of premises in the first instance?
Which of the following shall not be included in the liquidation estate assets and shall not be used for recovery in the liquidation?
Under the Bharatiya Nyaya Sanhita, 2023, what is the maximum period for which an accused can be held in pre-trial custody without being produced before ...
Summons shall be served to the defendants not be beyond _____ days from institution of a suit?
Who is empowered under the LLP Act to order investigation of the LLP under certain circumstances?
Ratio Decidendi means _______
Admissions under the Act, are_______.
______________________ as per the IBC means a person to whom an operational debt is owed and includes any person to whom such debt has been legally assi...
Which of the following activities would constitute "organized crime" according to the Bharatiya Nyaya Sanhita, 2023?
Court need not frame charges in which case?
