MCQOPTIONS
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| 1. |
Note the following statements:ni) The Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018 gives a major relief to the status of home buyers by recognizing them as financial creditors.nii) This ordinance allows home buyers to appear in the creditors committee. Provide representation and form an important part of the decision-making process.niii) The Insolvency and Bankruptcy Code (Amendment) Ordinance specifies that home buyers shall be known as secured creditors.nInsolvency and Bankruptcy Code (Amendment) Ordinance, Which statement(s) is/are correct regarding 2018? |
| A. | only i and ii are correct |
| B. | only ii and iii are correct |
| C. | only i and iii are correct |
| D. | all statements are correct |
| Answer» B. only ii and iii are correct | |