Insolvency and Bankruptcy Code 2016 was implemented through an act of Parliament . It got Presidential assent in May 2016. IBC applies to companies, partnerships and individuals. It provides for a time- -bound process to resolve insolvency. When a default in repayment occurs, creditors gain control over debtor’s assets and must take decisions to resolve insolvency. Under IBC debtor and creditor both can start 'recovery' proceedings against each other.
Some tyres may be flowers. Some jungles are not rains. Some flowers are petals.
Statements:Â
Only a few Facebook are Messenger.
No Messenger is Hangout.
Only a few Snapchat are Whatsapp.
No Whatsapp...
Conclusions:
I. No Lid being Utensil is a possibility.
II. Some Spoons are not Plates.
III. Some Spoons are Cups.
Statements:
In the following question below are given some statements followed by some conclusions based on those statements. Taking the given statements to be tru...
Two statements are given, followed by three conclusions numbered I, II and III. Assuming the statements to be true, even if they seem to be at variance...
Statements:
No Summer is Winter.
Only a few Winter is Autumn
Some Summer are Spring.
Conclusions:
I. All W...
In the question below some statements are given followed by three conclusions I, II, and III. You have to take the given statements to be true even if ...
Statement:
Some letters are papers
All papers are objects.
Some objects are subjects.
Conclusion:
I. Some paper...
Statements:
Some exercise are gym.
All gym are supplement.
Some equipment are supplement.
Conclusions:
I. Some exerci...
Statement :Â All students are parents.
           Some teachers are parents.
          Â...
