In the context of the Code referred to in the question, a person to whom financial debt has been legally assigned or transferred is termed as a financial creditor. The Insolvency and Bankruptcy Code (IBC) in India defines a financial creditor as any person to whom a financial debt is owed. When a financial debt is legally assigned or transferred to another party, that party becomes the financial creditor.
Who is the author of the book “The Sage with Two Horns: Unusual Tales from Mythology”?
Which public sector bank has raised ₹3,090 crore worth of funds through the sale of 15-year tier-II bonds & has planned a bond sale with a base size...
What significant step did NTPC take to support the GREEN initiative?
The ‘NAMASTE’ scheme is a collaborative initiative launched by the Ministry of Housing and Urban Affairs and which other ministry?
What unique project is part of the five-year collaboration between Axis Bank and the National Cancer Grid (NCG) aimed at integrating digital health solu...
Which Central Asian country did not participate in the joint military drills named Birlestik-2024?
Who will inaugurate the AIFF-FIFA academy in Bhubaneswar on November 21?
Article 148 of the Constitution of India provides for an independent office of the_______.
Recently Blue bellied Kukri, a species of _____ spotted in Assam after 112 Years?
Sarvam AI recently launched a language model focused on Indian languages. What is it called?