Indian Overseas Bank LBO Mock 01 – Question 106

Question:

Minimum default amount required to initiate CIRP under Insolvency and Bankruptcy Code (IBC) 2016?

(a) ₹10 Lakhs

(b) ₹50 Lakhs

(c) ₹1 Crore

(d) ₹5 Crores

(e) ₹2 Crores

IBC 2016 के तहत CIRP शुरू करने के लिए न्यूनतम डिफ़ॉल्ट राशि?

(a) ₹10 लाख

(b) ₹50 लाख

(c) ₹1 करोड़

(d) ₹5 करोड़

(e) ₹2 करोड़

Correct Answer: (c)

Explanation:

Minimum threshold for CIRP under IBC 2016 was raised to ₹1 Crore. Option (c).

₹1 करोड़। विकल्प (c) सही है।

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