Law · Insolvency and Bankruptcy Code (IBC)
Under the Insolvency and Bankruptcy Code, 2016, a debtor may apply for a fresh start process if their total qualifying debts do not exceed:
- 1₹10,000
- 2₹25,000
- 3₹35,000
- 4₹50,000✓
Correct answer
₹50,000
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