Question
When shall the resolution professional shall invite
prospective resolution applicants to submit a resolution plan or plans, to compete with the base resolution plan as per the IBC?Solution
Section 54K-Consideration and approval of resolution plan: (5) Where — (a) the committee of creditors does not approve the base resolution plan under sub-section (4); or (b) the base resolution plan impairs any claims owed by the corporate debtor to the operational creditors, the resolution professional shall invite prospective resolution applicants to submit a resolution plan or plans, to compete with the base resolution plan, in such manner as may be specified.
What is the value of 'p'?
Statement I: A group of (p + 16) boys can finish a task in 10 days, while a group of (p + 6) girls can finish the same...
What is the speed of man in still water?
Statement I : The speed of man in still water is twice the speed of the stream.
Statement II : ...
Three friends—Arun, Bhavesh, and Chandan—have different ages. Bhavesh is 9 years younger than Chandan. Find Chandan's current...
What is the area of the circular field?
Statement I: The area of the largest square that can be inscribed in the given circular field is 6400 sq...
How much profit did the company earn in the year 2016?
I) The company earned 45% more profit in the year 2017 than that in the year 2015.
...
What is the sum of two numbers?
I. Difference between the numbers is ` `