alleryStart learning →The committee picks or replaces the RP at first meeting by what majority (section 22(2))?
ASimple majority
BFifty-one per cent
CSeventy-five per cent
DSixty-six per cent
Answer & Solution
Correct answer: D. Sixty-six per cent
Section 22(2), as amended in 2018, requires not less than sixty-six per cent of the voting share of financial creditors.
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