alleryStart learning →The initiation date in section 5(11) is the day an application is what?
AAdmitted by NCLT
BFiled before NCLT
CRejected by NCLT
DWithdrawn by NCLT
Answer & Solution
Correct answer: B. Filed before NCLT
Section 5(11) defines initiation date as the date the creditor or applicant makes the application, unlike the commencement date.
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