Question
Under the Insolvency and Bankruptcy Code, 2016, who is
responsible for initiating the Corporate Insolvency Resolution Process (CIRP) for a defaulting company?Solution
As per Section 6 of the Insolvency and Bankruptcy Code, 2016, the Corporate Insolvency Resolution Process (CIRP) can be initiated by: • The corporate debtor (the company itself), or • The financial creditor, or • The operational creditor, by filing an application before the National Company Law Tribunal (NCLT), when a default has occurred. The NCLT then adjudicates on the application and, if satisfied, admits the case and initiates CIRP.
'M' is the largest three-digit number that leaves 3 as a remainder when divided by 9, 12 and 5, Find the sum of digits of 'M'.
Find the fourth proportional to 2, 3, 6.
Find the sum of all those 3-digit numbers which when divided by 10 leave a remainder of 5.
The number 611611611611611611611 isÂ
If 94*6714 is divisible by 11, where * is a digit, then * is equal to
Find the value of ‘x’ if x = √729 + √1156
Find the remainder when '323323323' is divided by 17.
How much greater than 30 is the result when twice the sum of the first five prime numbers is subtracted from the largest two-digit prime number?
- Find the remainder when the number (289n + 119) is divided by 17.
- A number when divided by 221 gives a remainder 30. What will be the remainder when this number is divided by 17?
