Question

    ______________________ as per the IBC means a person to whom an operational debt is owed and includes any person to whom such debt has been legally assigned or transferred

    A Operational creditor Correct Answer Incorrect Answer
    B Operative creditor Correct Answer Incorrect Answer
    C Financial creditor Correct Answer Incorrect Answer
    D Corporate creditor Correct Answer Incorrect Answer
    E Either a or b or d Correct Answer Incorrect Answer

    Solution

    IBC Section 5 Definitions (20) “operational creditor” means a person to whom an operational debt is owed and includes any person to whom such debt has been legally assigned or transferred.

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