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    Question

    As per the IBC the pre-packaged insolvency resolution process shall commence from ________________

    A The date of admission of the application Correct Answer Incorrect Answer
    B The date of rejection of the application Correct Answer Incorrect Answer
    C The date of submission of the application Correct Answer Incorrect Answer
    D Such date as the Adjudicating Authority may specify in this behalf Correct Answer Incorrect Answer

    Solution

    The date of admission of the application, Explanation: Section 54C-Application to initiate prepackaged insolvency resolution process: (5) The pre-packaged insolvency resolution process shall commence from the date of admission of the application under clause (a) of sub-section (4).

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