Question
Insolvency and Bankruptcy Code was implemented through
an act of Parliament . It got Presidential assent in which year?Solution
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.
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The argument on th...
In the question given below, a passage is given followed by three statements which may or may not be inferred from the passage. Select the correct com...
In the question given below, a passage is given followed by three statements which may or may not be inferred from the passage. Select the correct com...
In the question given below, a passage is given followed by three statements which may or may not be inferred from the passage. Select the correct comb...
In the question given below, a passage is given followed by three statements which may or may not be inferred from the passage. Select the correct comb...
In the question given below, a passage is given followed by three statements which may or may not be inferred from the passage. Select the correct comb...
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Two statements are given below and they are labelled as Assertion (A) and Reason (R).
Assertion (A):
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In the question given below, a passage is given followed by three statements which may or may not be inferred from the passage. Select the correct comb...
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