Banking · Insolvency and Bankruptcy Code
Under the Insolvency and Bankruptcy Code (IBC), 2016, who is the Adjudicating Authority for the Corporate Insolvency Resolution Process (CIRP) of corporate debtors?
- 1Reserve Bank of India
- 2National Company Law Tribunal (NCLT)✓
- 3High Court
- 4Debt Recovery Tribunal (DRT)
Correct answer
National Company Law Tribunal (NCLT)
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