The pre-packaged insolvency resolution process shall

commence from ________________

A The date of application Correct Answer Incorrect Answer

B The date of admission of the application Correct Answer Incorrect Answer

C The date of rejection of the application Correct Answer Incorrect Answer

D The date of submission of the application Correct Answer Incorrect Answer

E The date the Authority specifies as such Correct Answer Incorrect Answer

Solution

Section 54C-Application to initiate prepackaged insolvency resolution process: (5) The pre-packaged insolvency resolution process shall commence from the date of admission of the application under clause (a) of sub-section (4).

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