Banking · Insolvency and Bankruptcy Code (IBC)
Under the Insolvency and Bankruptcy Code (IBC) of India, what is the current minimum default threshold required to initiate a Corporate Insolvency Resolution Process (CIRP)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹5 Crore
- 2₹1 Crore✓
- 3₹50 Lakh
- 4₹10 Lakh
Correct answer
₹1 Crore
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