New Register for Workshop on How to start for NABARD 2025 (Stepwise Plan) - Apr 26, 7 PM

    Question

    The Board shall, ________ of the receipt of a reference

    from the Adjudicating Authority   for the recommendation of an insolvency professional who may act as an interim resolution professional; recommend the name of an insolvency professional
    A Within seven days Correct Answer Incorrect Answer
    B Within ten days Correct Answer Incorrect Answer
    C Within fifteen days Correct Answer Incorrect Answer
    D Within thirty days Correct Answer Incorrect Answer
    E Within ninety days Correct Answer Incorrect Answer

    Solution

    IBC Section 16-Appointment and tenure of interim resolution professional: (4) The Board shall, within ten days of the receipt of a reference from the Adjudicating Authority under sub-section (3), recommend the name of an insolvency professional.

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