Economics · Financial Laws
Consider the following statements regarding the Insolvency and Bankruptcy Code (IBC) of India: 1. It was passed by the Parliament in the year 2017. 2. Separate provisions have been made for resolving the insolvency cases of individuals, partnership firms, and companies. Which of the statements given above is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Only 2✓
- 2Only 1
- 3Neither 1 nor 2
- 4Both 1 and 2
Correct answer
Only 2
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