What must a section 9 applicant swear in its affidavit?
AThat assets are insured
BThat the debtor is solvent
CThat no dispute notice was given
DThat the auditor agrees
Answer & Solution
Correct answer: C. That no dispute notice was given
Section 9(3)(b) calls for an affidavit that the corporate debtor gave no notice of a dispute on the unpaid debt.
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