2019
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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IBBI signed an MoU for the Insolvency and Bankruptcy Code 2016 with which of the governmnet department?
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NSDL
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NITI Yogi
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NSE
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SEBI
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Explanation:
Detailed explanation-1: -The Insolvency and Bankruptcy Board of India (IBBI) signed a Memorandum of Understanding (MoU) today with the Indian Institute of Corporate Affairs (IICA).
Detailed explanation-2: -Section 7 of IBC – Insolvency and Bankruptcy Code, 2016 : Initiation of corporate insolvency resolution process by financial creditor. Section 7: Initiation of corporate insolvency resolution process by financial creditor.
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