alleryStart learning →NCLT rejects a section 9 application if what has been received by the creditor?
AA resolution plan
BA liquidator's report
CA bank guarantee
DNotice of dispute
Answer & Solution
Correct answer: D. Notice of dispute
Section 9(5)(ii)(d) lists receipt of a notice of dispute, or a dispute record in the information utility, as a ground to reject.
Keep practising Corporate Insolvency Resolution Process under the IBC
Browse all Corporate Insolvency Resolution Process under the IBC questions for CA Final, or explore more Law topics.
Related questions
Which Code term means non-payment of debt that has become due and payable?The initiation date in section 5(11) is the day an application is what?How long is the insolvency resolution process period defined in section 5(14)?The insolvency commencement date is the date of what?The Centre may raise the minimum default under section 4 to at most how much?Besides the order, NCLT must issue what on liquidation under section 33(1)?A committee decision to liquidate under section 33(2) needs what share of voting?A plan's other legal approvals must be obtained within what time under section 31(4)?