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.
Which of the following festivals is/are associated with the celebration of regional New Year day in India?
I. Gudhi PadwaÂ
II. Poila BaishakÂ
Consider the following statements:
1. The source of sunlight and heat is Nuclear Fusion.
2. The Hydrogen Bomb is based on Nuclear Fusion.<...
Which district recently secured the top position in the landslide index released by ISRO (Indian Space Research Organisation)?
Who built the famous Golden Temple (Harmandir Sahib) in Amritsar, Punjab?
When during March is the global environmental event Earth Hour observed?
What was India's rank in the Human Development Report (HDR) 2025?
Where did Prime Minister Shri Narendra Modi lay the foundation stone and unveil the model of Shri Kalki Dham Temple?
Which ministry recently signed a Statement of Intent (SoI) with the Union Ministry of Micro, Small and Medium Enterprises to collaborate on formalizing ...
In Koeppen's climate classification, what does the letter code Cwg represent?
Which country will host the 2027 World Athletics Championships?
