alleryStart learning →Besides the order, NCLT must issue what on liquidation under section 33(1)?
AA dividend notice
BA public announcement
CA fresh moratorium
DA demand notice
Answer & Solution
Correct answer: B. A public announcement
Section 33(1)(ii) adds a public announcement that the corporate debtor is in liquidation.
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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?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)?A plan involving a combination needs approval of which body before CoC approval?