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FINAL LEVEL QUIZ 🏆
Under Section 9, when does the NCLT admit the application filed by an operational creditor?
Under Section 9, when does the NCLT admit the application filed by an operational creditor?
Anonymous Quiz
45%
If the default is above ₹50,000 and there is no reply from debtor within 10 days
29%
If there is no dispute, and debt is unpaid and above the threshold limit
19%
If the corporate debtor agrees to undergo CIRP voluntarily
8%
If the operational creditor submits an affidavit without any supporting invoices
👍2
PROFESSIONAL LEVEL QUIZ 🏆
An application under Section 9 of IBC, 2016 shall be rejected by the Adjudicating Authority if:
An application under Section 9 of IBC, 2016 shall be rejected by the Adjudicating Authority if:
Anonymous Quiz
31%
The amount of default is less than ₹10 lakh
44%
The corporate debtor disputes the debt before the demand notice
12%
The operational creditor fails to attach Form 2
12%
The demand notice is sent via WhatsApp instead of registered post
👍1
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FOUNDATION QUIZ
On whose insolvency the agency is terminated?
On whose insolvency the agency is terminated?
Anonymous Quiz
13%
(a) Sub agent
28%
(b) Agent
49%
(c) Principal
10%
(d) Del credere
👍2
CSEET QUIZ
________________ is a person employed by, and acting under the control of original agent in the business of agency .
________________ is a person employed by, and acting under the control of original agent in the business of agency .
Anonymous Quiz
15%
(a) A substituted agent
53%
(b) A sub agent
28%
(c) A mercantile agent
4%
(d) An universal agent
👍2
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INTER LEVEL QUIZ
If a company defaults in redeeming its debentures on the due date, what is the immediate remedy available to debenture holders under the Companies Act, 2013?
If a company defaults in redeeming its debentures on the due date, what is the immediate remedy available to debenture holders under the Companies Act, 2013?
Anonymous Quiz
12%
a) File a case in SEBI
57%
b) Apply to Tribunal under Section 71(10)
24%
c) Appeal to ROC
7%
d) Seek refund from promoters
👍1
Forwarded from Divya Agarwal Mam (AIR 3)
EXECUTIVE LEVEL QUIZ
A company issued partly paid shares but failed to collect the unpaid amount. What is the legal remedy to enforce payment from shareholders?
A company issued partly paid shares but failed to collect the unpaid amount. What is the legal remedy to enforce payment from shareholders?
Anonymous Quiz
6%
a) Appeal to SEBI
17%
b) ROC will issue a recovery notice
74%
c) Company must issue a call notice and follow forfeiture process
4%
d) Company must reissue shares
👍1
Mission Exemption Starts Today
📚 MCQ's Revision Of Financial Management & BDA – Straight From Exam Perspective
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