Insolvency and bankruptcy code primarily entrusted with which of the following ?

March 2, 2020 2:37 pm

Choose Your Answer:

AFacilitating the recovery of government dues and debt

BFacilitating recovery of debt given by foreign banks of Indian companies

CFacilitating banks recover higher amount of bad loans then they recovered earlier

DFacilitating banks recover their dues from the priority sector

Eduncle Best Answer
The insolvency and Bankruptcy code is primarily interested with facilitating banks recover higher amount of bad loans that they recovered earlier.

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