New Enroll in our GIC Finance Online Course Here!

    Register

    Question

    When does the extension of the Date of Commencement of

    Commercial Operations (DCCO) not be considered as restructuring?
    A If the revised DCCO falls within the period of one year from the original DCCO. Correct Answer Incorrect Answer
    B If the revised DCCO falls within the period of four years from the original DCCO. Correct Answer Incorrect Answer
    C If the revised DCCO falls within the period of three years from the original DCCO. Correct Answer Incorrect Answer
    D If the revised DCCO falls within the period of two years from the original DCCO. Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    The mere extension of DCCO shall not be considered as restructuring if the revised DCCO falls within the period of two years from the original DCCO.

    Practice Next

    Relevant for Exams: