Economics · Economy
Under the Insolvency and Bankruptcy Code (IBC), what is the minimum percentage of voting share required for the Committee of Creditors (CoC) to approve a Resolution Plan for a Corporate Debtor?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 175% of the total voting share
- 251% of the total voting share
- 366% of the total voting share✓
- 460% of the total voting share
Correct answer
66% of the total voting share
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