Which of the following shall not be included in the liquidation estate assets?
IBC The following shall not be included in the liquidation estate assets and shall not be used for recovery in the liquidation: — (a) assets owned by a third party which are in possession of the corporate debtor, including— (i) assets held in trust for any third party; (ii) bailment contracts; (iii) all sums due to any workman or employee from the provident fund, the pension fund and the gratuity fund; (iv) other contractual arrangements which do not stipulate transfer of title but only use of the assets; and (v) such other assets as may be notified by the Central Government in consultation with any financial sector regulator; (b) assets in security collateral held by financial services providers and are subject to netting and set-off in multi-lateral trading or clearing transactions; (c) personal assets of any shareholder or partner of a corporate debtor as the case may be provided such assets are not held on account of avoidance transactions that may be avoided under this Chapter; (d) assets of any Indian or foreign subsidiary of the corporate debtor; or (e) any other assets as may be specified by the Board, including assets which could be subject to set-off on account of mutual dealings between the corporate debtor and any creditor.
Who is the new ambassador of Nikshay Mitra ?
Which among the following animal can cause rabies other than Dog?
Fermentation is a
In which part of the body does Crocodiles store fat ?
If one parent has blood group AB and the other has blood group O, what are the possible blood groups of their child?
What is the scientific name of the human species?
The term Vitamin is coined by?
Which of the following is the main end product of carbohydrate digestion?
What is the name of India's first oral contraceptive pill developed by Dr. Nitya Anand?
The chemical name of the Vitamin B6 is