Law · Insolvency and Bankruptcy Code
Under the Insolvency and Bankruptcy Code, 2016, 'Financial Creditor' means:
- 1Any person who supplies goods or services
- 2A person to whom a financial debt is owed, including those to whom it has been legally assigned or transferred✓
- 3Any person having operational dues
- 4A shareholder of the corporate debtor
Correct answer
A person to whom a financial debt is owed, including those to whom it has been legally assigned or transferred
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