Self Paced Course Completion Quiz: Basics of IBC Law
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Question 1 of 12
1. Question
Choose the incorrect statement
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Question 2 of 12
2. Question
Debt Recovery Tribunal has been created under IBC, 2016.
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Question 3 of 12
3. Question
Swiss Ribbons Pvt. Ltd v Union of India [Writ Petition (Civil) No. 99 of 2018, decided on January 25, 2019 (SC)] dealt with the constitutional validity of Corporate insolvency. Which of the following was NOT held in this case?
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Question 4 of 12
4. Question
Section 238A of IBC deals with
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Question 5 of 12
5. Question
Jurisdiction of National Company Law Tribunal (NCLT) under IBC is NOT for
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Question 6 of 12
6. Question
Non-Obstante Clause has been discussed under which section of IBC?
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Question 7 of 12
7. Question
Who can file for corporate insolvency resolution?
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Question 8 of 12
8. Question
Which of the following is NOT true regarding eligibility to be appointed as a resolution professional/liquidator?
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Question 9 of 12
9. Question
Choose the incorrect statement
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Question 10 of 12
10. Question
Who has the voting rights in the Committee of Creditors?
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Question 11 of 12
11. Question
What triggers the liquidation process?
Â
A. The resolution plan does not meet the minimum guidelines
B. Non-agreement by Creditors’ committee within the stipulated period
C. The decision of the Creditors’ committee for liquidation
D. Corporate debtor fails to adhere to the terms of the approved resolution plan
Â
Which of the above are true?
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Question 12 of 12
12. Question
The liquidation order is reversible.
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