When shall the resolution professional shall invite prospective resolution applicants to submit a resolution plan or plans, to compete with the base resolution plan as per the IBC?
Section 54K-Consideration and approval of resolution plan: (5) Where — (a) the committee of creditors does not approve the base resolution plan under sub-section (4); or (b) the base resolution plan impairs any claims owed by the corporate debtor to the operational creditors, the resolution professional shall invite prospective resolution applicants to submit a resolution plan or plans, to compete with the base resolution plan, in such manner as may be specified.
The Assets Liabilities committee (ALCO) in a bank is primarily responsible for managing which of the following risk?
The National Development Council (NDC) was set up on ____________ to strengthen and mobilize the effort and resources of the nation in support of the F...
Consider the following Statements and choose the option with Correct Statements.
I- The Remission of Duties and Taxes on Exported Products (Ro...
Two primary qualitative characteristics of financial statements are
According to the Union Budget 2023-24, consider the following statements.
1. During the Covid-19 pandemic with the PMGKY scheme, the governmen...
Match the following types of demand with their correct descriptions:
1. Market Demand
2. Autonomous Demand
3. Individual Demand Sch...
Banks will not be able to mitigate risks in their credit portfolio, if they
Which of the following is correct regarding Strategic Risk?
i. A Risk arising from adverse business deci...
Stand Up India Scheme was launched in 2016 for facilitating credit to SC/ST and Women entrepreneurs. The loans availed through the Scheme are repayable...
The bank bought a 5 year G-Sec with YTM of 7.6% and plans to sell them in 2 weeks. The bond could not be sold within 2 weeks due to over sight and as a ...
