CS Professional Insolvency - Law and Practice PYQ June 2019: Question Paper and Available Answers
CS Professional
8 - Insolvency - Law and Practice
PYQS Series
June 2019
14 Questions Indexed
ICSI Examination Archive & Suggested Answers: This directory contains indexed questions from the paper for CS Professional 8 - Insolvency - Law and Practice PYQS (June 2019). Open the source paper and available answers. Older sessions follow the syllabus and statutory provisions applicable to their examination year.
Indexed questions
- SB Pvt. Ltd. supplied raw materials worth ₹ 15 lakh in January 2018 to a company named MR Ltd. MR Ltd. issued two cheques for ₹ 10 lakh, dated 15th April, 2018 and ₹ 5 lakh, dated
- Section 14 of the Code states that after declaration of the moratorium no legal action can be maintained against the Corporate Debtor. What will be your answer when: Criminal actio
- Section 14 of the Code states that after declaration of the moratorium no legal action can be maintained against the Corporate Debtor. What will be your answer when: Criminal actio
- What is effect of the declaration of the moratorium under section 14 of the Insolvency and Bankruptcy Code, 2016?
- Adjudicating Authority appoints Interim Resolution Professional (IRP) under the Insolvency and Bankruptcy Code-Enumerate his role, powers and duties.
- Insolvency Professionals (IPs) are private persons, but are governed by Insolvency Regulator. Describe how the IPs are regulated?
- ESI Ltd. filed Corporate Insolvency Resolution Plan (CIRP) with the Adjudicating Authority, which was accepted, and Expression of Interest (EOI) was invited. One N Ltd. filed EOI.
- WTC Ltd had been incurring losses since inception and was decided to wind up. The company had several pending litigation and that claim against the company exceeded value of its as
- 'Liquidation is the last process, when the resolution plan fails'. What are the triggers when there is no alternate except to move for the liquidation?
- 'Insolvency and Bankruptcy Code also regulates cross border transactions'- Elucidate the relevant provisions of Insolvency and Bankruptcy Code, 2016.
- An application for Corporate Insolvency Resolution Process (CIRP) was filed by a Bank (being Financial Creditor) against RSI Ltd, which was admitted by the NCLT and an Interim Reso
- Application for initiation of individual insolvency resolution process can be submitted by a debtor only in respect of debts which are not excluded debts. Which debts are to be tre
- How an asset reconstruction company may acquire rights or interest in financial assets of any bank or financial institution?
- VN Pvt. Ltd. (VNPL) entered into a Sub-contract Agreement with KC Pvt. Ltd. (KCPL) to undertake road construction works. During the course of the project, disputes and differences
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