Which of the following statement(s) is/are correct about the inter-creditor Agreement (ICA) which was in news recently? - Study24x7
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1008 followers study24x7 08 Jan 2021 05:53 PM study24x7 study24x7

Which of the following statement(s) is/are correct about the inter-creditor Agreement (ICA) which was in news recently?

A

The inter-creditor agreement is aimed at the resolution of loan accounts with a size of 50 crores and above that are under the control of a group of lenders.

B

It is part of the “Sashakt” plan approved by the government to address the problem of resolving bad loans.

C

The agreement is based on a recommendation by the Sunil Mehta committee that looked into resolution of stressed assets.

D

All the above

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