Insolvency & Bankruptcy Code 2016 Overview

Fill in the blank: The NCLT / NCLAT framework is part of the ________.

• A) Corporate Insolvency

• B) Legal Jurisprudence

• C) IBC

• D) Income Tax Interplay

The Companies Act, 2013 deals with ________ of companies.

• rehabilitation

• revival

• winding up

• all of the above

What does the Limited Liability Partnership Act, 2008 lack provisions for?

• Rehabilitation of LLPs

• Revival of LLPs

• Both A and B

• None of the above

What is the recovery percentage for Singapore?

• 78.6%

• 82.4%

• 87.4%

• 88.7%

Fill in the blank: The insolvency resolution time for South Africa is ___ years.

• 1

• 1.5

• 2

• 4

What is the total number of sections in Part-IV of the Insolvency & Bankruptcy Code 2016?

• 8

• 3

• 7

• 36

How many NCLAT Benches are mentioned in the IBC Eco System?

• 1

• 2

• 3

• 4

How many Insolvency Professional Entities (IPE) are there?

• 4425

• 123

• 567

• 113

How many Information Utilities (IU) are mentioned?

• 1

• 2

• 3

• 4

Fill in the blank: Section (a) & (e) of the pyramid refers to Company incorporated under Companies Act 2013 / 1956 / 1913 & ________.

• LLPs

• Personal Guarantors to CD

• Other body Corporate

• Partnership Firms