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Which of the following is covered by IBBI?

  • A.Companies
  • B.Limited Liability Partnerships
  • C.Partnership firms
  • D.All of these

Answer: D

Correct answer: All of these

The Code, and so the Board, covers companies, limited liability partnerships, partnership firms and individuals - the whole range of debtors. This breadth was the point of the reform: earlier the law for companies, firms and individuals sat in different statutes.

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