Question
When shall a corporate debtor be deemed to have given a
preference as per the provisions of preferential transactions under the IBC?Solution
Section 43-Preferential transactions and relevant time: (2) A corporate debtor shall be deemed to have given a preference, if— (a) there is a transfer of property or an interest thereof of the corporate debtor for the benefit of a creditor or a surety or a guarantor for or on account of an antecedent financial debt or operational debt or other liabilities owed by the corporate debtor; and (b) the transfer under clause (a) has the effect of putting such creditor or a surety or a guarantor in a beneficial position than it would have been in the event of a distribution of assets being made in accordance with section 53.
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Some moon are sun.
Conclusions: I. Some earth are sun.
...
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All motivations are training.
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II. Some trai...
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All Youth are Teenage.
A few Teenage are Adult.
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I. Some Young are not Teenage.
II. Some Youth are Adult.
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Only Jar are Mug.
All Juice are Bowl.
Some Jar is Plates.
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I. Som...
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I. Some Apples are not Oranges.
II. Some Oranges being Pears is not a possibility.
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Only Laptops is Computer
No Monitor is Laptops
All Printers re Laptops
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...
Statements:
Some children are parents.
All parents are infants.
Some infants are adolescent.
Conclusions:
I. At least...