Question

    A corporate debtor shall be dissolved under the IBC as per section 54 by the order of the ___________________

    A Appellate Tribunal Correct Answer Incorrect Answer
    B Adjudicating Authority Correct Answer Incorrect Answer
    C National Company Tribunal Correct Answer Incorrect Answer
    D Registrar of Companies Correct Answer Incorrect Answer
    E Insolvency and Bankruptcy Board of India Correct Answer Incorrect Answer

    Solution

    IBC Section 54-Dissolution of corporate debtor: (2) The Adjudicating Authority shall on application filed by the liquidator under sub-section (1) order that the corporate debtor shall be dissolved from the date of that order and the corporate debtor shall be dissolved accordingly.

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