Which of the following is not an objective of the Insolvency and Bankruptcy Code, 2016?
The objective behind Insolvency and Bankruptcy Code, 2016 is to create a more effective and time-bound insolvency resolution process. It aims to address several key issues in the previous bankruptcy and insolvency framework such as: · It consolidates and amends various existing laws related to insolvency and bankruptcy, providing a unified and comprehensive legal framework for resolution and liquidation. · To provide a time-bound resolution process for distressed companies, preventing the undue delay in insolvency proceedings · To maximize the value of assets of insolvent companies and ensure that creditors, including operational creditors, receive a fair and equitable share of the proceeds. · To preserve the viable parts of a business while dealing with non-viable parts in an orderly manner. The emphasis is on keeping the business as a going concern as far as possible. · To balance the interests of all stakeholders, including creditors, debtors, and shareholders, by providing a structured process for insolvency resolution. · To encourage entrepreneurship and minimize the stigma associated with business failure.
Nawabganj Bird Sanctuary located in Unnao district in Uttar Pradesh, is renamed as __________.
Which of these are names of Indian satellites?
Match the following International Airports with their respective places.
International Places ...
PM Modi announced to celebrate National Space Day, when will it be celebrated?
The headquarter of International Cricket Council is located at:
Who is the brand ambassador of Arogya Setu app?
Where is the “Gandhi Sagar Dam” situated at?
The headquarter of Western Naval command is at:
A fair is being organized on 21st April in Chamba in the memory of a recipient of the Victoria Cross, Late Gabbar Singh since _____________ .
According to the United Nations' World Economic Situation and Prospects Report, 2019, the Indian economy is expected to expand by ______in 2020.