Law · Insolvency and Bankruptcy Code
Who can initiate the Corporate Insolvency Resolution Process (CIRP) under the IBC, 2016?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Financial creditor, operational creditor, or the corporate debtor itself✓
- 2Only the corporate debtor itself
- 3Only operational creditors
- 4Only financial creditors
Correct answer
Financial creditor, operational creditor, or the corporate debtor itself
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