Question

    Which of the following steps is not a part of Insolvency Resolution Process under theInsolvency and Bankruptcy Code (IBC)?

    A Appointment of a creditors’ committee and formulation of a revival plan Correct Answer Incorrect Answer
    B Appointments of a resolution professional Correct Answer Incorrect Answer
    C Moratorium on the sale of assets Correct Answer Incorrect Answer
    D Liquidation of assets Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The correct answer is D

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