Current Affairs · Insolvency and Bankruptcy Code
To make the resolution process faster and maximize the realisable value of assets under the Insolvency and Bankruptcy Code (IBC), Parliamentary recommendations have emphasized strengthening India's insolvency resolution ecosystem by: A. A professional code of conduct for the committee of creditors B. Constitution of specialized National Company Law Tribunal (NCLT) benches to hear IBC matters C. Strengthening the role of resolution professionals D. Digitising IBC platforms E. Strengthening and promotion of Asset Reconstruction Companies Choose the correct answer from the options given below:
- 1A, B, C and D only✓
- 2C, D and E only
- 3B, C and D only
- 4A, B and C only
Correct answer
A, B, C and D only
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