CA Gaurav Jha.
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In contradiction b/w IBC,2016 and PMLA,2002 which Act/Law prevails?
Anonymous Quiz
23%
PMLA,2002
68%
IBC,2016
7%
both will prevail
2%
none of the above
What would be the procedure to be followed by COC if two or more Resolution Plans receive equal votes, but not less than requisite votes?
Anonymous Quiz
26%
Refer it to AA
15%
Refer it to RP
48%
Tie Breaker formula
11%
One having more merits would be considered
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Whether Provisions of Limitation Act, 1963 applicable on IBC,2016 ?
Anonymous Quiz
58%
Yes
42%
No
In case of Fastrack Insolvency for how many days maximum extension allowed and % of approval required from COC for such extension under IBC,2016 ?
Anonymous Quiz
27%
90 days, 66%
20%
45 days, 66%
3%
90days, 51%
51%
45 days, 75%
Repatriation of sale proceeds in case of Residential property restricted to how many properties ?
Anonymous Quiz
18%
One
66%
Two
7%
No restriction
9%
Allowed with approval of AD
Whether Demand notice/copy of invoice requirement mandatory to be filed by Operational Creditor before filing for CIRP under IBC,2016 ?
Anonymous Quiz
82%
Yes
15%
No
3%
Depend on OC
0%
Depend on Dispute