IBBI Registered Valuer Examination - IBC (Explained in Hindi) - DAY 1

IBBI Registered Valuer Examination - Insolvency & Bankruptcy Code – Day 1 PART I PRELIMINARY Section 1 Short title, extent and commencement Section 2 Application Section 3 Definitions PART II INSOLVENCY RESOLUTION AND LIQUIDATION FOR CORPORATE PERSONS CHAPTER I Section 4 Applicability Section 5 Definitions Section 6 Persons who may initiate corporate insolvency resolution process Section 7 Initiation of corporate insolvency resolution process by financial creditor Section 8 Insolvency resolution by operational creditor Section 9 Application for initiation of corporate insolvency resolution process by operational creditor Section 10 Initiation of corporate insolvency resolution process by corporate applicant Section 10A Suspension of initiation of corporate insolvency resolution process Section 11 Persons not entitled to make application Section 12 Time-limit for completion of insolvency resolution process Section 12A Withdrawal of application admitted under section 7, 9 or 10