Q76
A person is said to be 'insolvent' who has ceased to pay his debts in the ordinary course of business, or cannot pay his debts as they become due whether he has committed an act of insolvency or not', is the definition of insolvency given in
A.
The Indian Partnership Act, 1932
B.
The Sale of Goods Act, 1930
AnswerC.
The Indian Contract Act, 1872
D.
All the above
Answer: Option B
Solution
Answer: Option B
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