Question
A preference shall be deemed to be given at a relevant
time under the IBC a preference is given to a person other than a related party during the period of _____________Solution
Section 43-Preferential transactions and relevant time: (4) A preference shall be deemed to be given at a relevant time, if— (a) it is given to a related party (other than by reason only of being an employee), during the period of two years preceding the insolvency commencement date; or (b) a preference is given to a person other than a related party during the period of one year preceding the insolvency commencement date.
___________ is mutual funds writing off the principal amount and the interest in case of a default?
Which companies are collaborating to deploy India’s largest quantum computer in Andhra Pradesh?
Who replaced Mahendra Chhajed in the Committee of Advisors for Abhyudaya Cooperative Bank Ltd.?
When did India launch its phased rollout of chip-based e-passports?
What is a primary objective of the United Nations' first global resolution on Artificial Intelligence (AI), adopted unanimously by the General Assembly?
What is the target year for India’s power sector emissions to peak, according to the Paris Agreement alignment?
Which payment solution is aimed at enabling UPI use on feature phones in rural and remote areas?
How many aggregators have been successfully enlisted for pursuing the goal of uniting organisations dedicated to promoting ‘Brand India’ by the One ...
Who inaugurated the Global Conclave on Plastic Recycling and Sustainability (GCPRS)?
Which of the following statements about the Marburg virus disease (MVD) is correct?
I. MVD was first discovered in Tanzania.
II. MVD is ca...