Site navigation

In September 2026, whom did the IBBI propose the resolution professional appoint to assess a personal guarantor's assets during insolvency resolution?

Question and options

In September 2026, whom did the IBBI propose the resolution professional appoint to assess a personal guarantor's assets during insolvency resolution?

  1. A registered valuer
  2. The debtor company's chief financial officer
  3. The largest unsecured creditor
  4. The local registrar of companies

Answer and explanation

Correct answer: A - A registered valuer

The discussion paper was issued on 12 September 2026. The registered valuer would determine fair and realisable asset values.

Practice for these exams

  • Bihar Judicial Services

    Subject revision

  • Uttarakhand Judicial Services

    Subject revision

Related exam syllabi

More solved explanations in Current affairs - national & international