Question
Under the Insolvency and Bankruptcy Code, 2016, which
authority is primarily responsible for overseeing the corporate insolvency resolution process?Solution
The National Company Law Tribunal (NCLT) is the adjudicating authority responsible for corporate insolvency resolution process under Part II of the Insolvency and Bankruptcy Code, 2016. As per Section 7 to Section 10 and other relevant provisions, NCLT admits insolvency applications, oversees the resolution process, and approves resolution plans. The Insolvency and Bankruptcy Board of India (IBBI) regulates insolvency professionals and agencies but does not adjudicate cases.
What is the name of the protein digesting enzyme released by the gastric glands?
The method of protecting iron from rusting, by coating a thin layer of Zinc is called -
Which of the following devices stores electrical energy in a magnetic field?
Which one of the following wave- lengths of light is most effective in photosynthesis?
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Which of the following is a 'Universal Blood Recipient' group?
Which part of cinnamon tree is used in condiments and medicines ?
The anther contains
Which of the following statements for the given chemical reaction is true?
Fe₂ O₃ + 2Al → Al₂ O₃ + 2Fe
What is the function of the red blood cells?
