Which of the following circumstances does not enable the debtor or a creditor to file...
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Accounting
Which of the following circumstances does not enable the debtor or a creditor to file an application for bankruptcy (in india) ?
(A).Application for Insolvency process was rejected by the Adjudicating Authority
(B).The repayment plan was rejected by the Adjudicating Authority
(C).The repayment plan was not implemented.
(D).The debtor does not have adequate assets to repay all his debt.
Please tell the correct option with appropriate explanation also.
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