Current Affairs Question - 07 October 2021
India Watch
Corporate Insolvency Resolution Process (CIRP)
Which of the following statements is correct with reference to the Corporate Insolvency Resolution Process (CIRP)?
- Section 7 – Initiation of corporate insolvency resolution process by financial creditor.
- Section 8 and 9 – Initiation of corporate insolvency resolution process by operational creditor.
- Section 10 – Initiation of corporate insolvency resolution process by corporate applicant.
Choose the correct answer from the codes given below:
| A |
Only 1
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| B |
2 and 3
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| C |
1 and 3
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| D |
1, 2 and 3
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