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    Question

    Who is a corporate guarantor as per IBC?

    A Person to whom a financial debt is owed Correct Answer Incorrect Answer
    B Person who is the surety in a contract of guarantee to a corporate debtor Correct Answer Incorrect Answer
    C Corporate person who is the surety in a contract of guarantee to a corporate debtor Correct Answer Incorrect Answer
    D Either a or b or c Correct Answer Incorrect Answer
    E Both a & b Correct Answer Incorrect Answer

    Solution

    Section 5-Definitions: (5A) “corporate guarantor” means a corporate person who is the surety in a contract of guarantee to a corporate debtor.

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