alleryStart learning →Explanation II to section 11 allows a debtor in CIRP to do what?
ASell all its assets
BAppoint a liquidator
CFile CIRP against others
DSkip the moratorium
Answer & Solution
Correct answer: C. File CIRP against others
The explanation clarifies that section 11 does not stop a barred debtor from initiating CIRP against another corporate debtor.
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