Question

114. Read the statements
(i) Insolvency and Bankruptcy Code, recognised
home buyers as financial creditors to real estate
developers.
(ii) Home buyers will get due representation in the
committee of creditors.
(iii) The amended Insolvency and Bankruptcy Code
specifies home buyers will be treated as secured
creditors.
Which statements are correct in reference to Insolvency
and Bankruptcy Code (Amendment) Ordinance, 2018?
(A) Only (i) and (ii) are correct.
(B) Only (i) and (iii) are correct.
(C) Only (ii) and (iii) are conect.
(D) All statements are correct.​

Answer 1

Answer:

A

Step-by-step explanation:

PLEASE mark me BRAINLIST