New SIDBI Grade A New Batch Starts on Nov 18

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    Question

    The term of the interim resolution professional shall continue ___________________

    A Till the date of appointment of the resolution professional Correct Answer Incorrect Answer
    B Till the date of the constitution of the committee of creditors Correct Answer Incorrect Answer
    C Till the date resolution professional is appointed by the Authority Correct Answer Incorrect Answer
    D Till the date the corporate insolvency resolution process comes to an end Correct Answer Incorrect Answer
    E Till the date of declaration of moratorium by the Adjudicating Authority Correct Answer Incorrect Answer

    Solution

    IBC  Section 16-Appointment and tenure of interim resolution professional: (5) The term of the interim resolution professional shall continue till the date of appointment of the resolution professional under section 22.

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