As originally enacted, section 253 of the Companies Act, 2013 dealt with
As originally enacted, section 253 of the Companies Act, 2013 dealt with "Determination of Sickness" on an application by secured creditors representing 50 per cent or more…
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As originally enacted, section 253 of the Companies Act, 2013 dealt with
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Correct answer D
As originally enacted, section 253 of the Companies Act, 2013 dealt with "Determination of Sickness" on an application by secured creditors representing 50 per cent or more of a company's outstanding debt that remained unpaid 30 days after a notice of demand. Chapter XIX (sections 253 to 269) was later omitted by the Insolvency and Bankruptcy Code, 2016.
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