Current Affairs · Insolvency and Bankruptcy Code
The Resolution Plan approved by the Committee of Creditors (CoC) becomes binding on all stakeholders after:
- 1Confirmation by SEBI
- 2Review by the IBBI
- 3Approval by the Adjudicating Authority (NCLT)✓
- 4Approval by the Resolution Professional
Correct answer
Approval by the Adjudicating Authority (NCLT)
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