A resolution plan under section 30(1) goes along with an affidavit on what?
ASection 29A eligibility
BFixed asset valuation
CAuditor fee payment
DPromoter age limits
Answer & Solution
Correct answer: A. Section 29A eligibility
Section 30(1), as amended in 2018, requires an affidavit stating the applicant is eligible under section 29A.
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)?