Question

where a corporate debtor has no financial debt, the committee of creditors in a corporate insolvency resolution process comprises of ____
a) lender banks
b) large operational creditors
c) financial creditors
d) preference shareholders​

Answer 1

Hey Mate ! Here Is Your Answer.

Answer : ( C ) Financial Creditors

Provided that where a corporate debtor does not have any financial creditors, the committee of creditors shall be constituted and comprise of such persons to exercise such functions in such manner as may be specified by the Board.

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