Current Affairs · SEBI & Corporate Law
Regarding SEBI's proposals for market intermediaries under Insolvency and Bankruptcy Code (IBC) proceedings, consider the following statements: 1. Disqualification occurs immediately upon CIRP initiation. 2. SEBI proposes deferring disqualification until a winding-up order is issued. 3. The 'Right to Be Heard' is completely excluded during IBC proceedings. Which of the statements given above is/are correct?
- 12 and 3 only
- 21 and 3 only
- 32 only✓
- 41 only
Correct answer
2 only
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