n NISM Certifications
XV NISM Series XV
Medium

Which legal institution manages the ‘Scheme of Arrangement’ between a company and its creditors?

Practice question from NISM XV Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Ministry of Finance

  2. B

    SEBI

  3. C

    The Supreme Court or High Court

  4. National Company Law Tribunal (NCLT)

    Correct answer

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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