MCQOPTIONS
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| 1. |
Read the statements:ni) Insolvency and Bankruptcy Code, recognises homebuyers as financial creditors to real estate developers.nii) Homebuyers will get due representation in the committee of creditors (CoC).niii) The amended Insolvency and Bankruptcy Code (IBC) specifies, homebuyers will be treated as secured creditors.nWhich statements are correct in the regard of Insolvency and Bankruptcy Code (Amendment) Ordinance, 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 | |