New SIDBI Grade A New Batch Starts on Nov 18

    Register

    Question

    As per the IBC, 2016 a Financial Creditor means______________

    A Any person to whom a financial debt is owed Correct Answer Incorrect Answer
    B A corporate person who is the surety in a contract of guarantee to a corporate debtor Correct Answer Incorrect Answer
    C Any person to whom a financial debt is owed and includes a person to whom such debt has been legally assigned or transferred to Correct Answer Incorrect Answer
    D Any person to whom a financial debt is owed or a person to whom such debt has been legally assigned or transferred to Correct Answer Incorrect Answer

    Solution

    Section 5(7) “financial creditor” means any person to whom a financial debt is owed and includes a person to whom such debt has been legally assigned or transferred to

    Practice Next