alleryStart learning →Under the proviso to s.230(4), a creditor may object if owed at least what share of total debt?
A1 per cent
B3 per cent
C5 per cent
D15 per cent
Answer & Solution
Correct answer: C. 5 per cent
A creditor needs outstanding debt of not less than five per cent of total outstanding debt per the latest audited statements.
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