Writing Resources
As regards the monitor interim manager which of the following is correct A The monitor is introduced by the Arbitrazh court at the end of the observation stage of the insolvency procedure B The monitor is appointed by the executive management of the company as soon as the first indications of insolvency becomes apparent C The monitor is appointed after the Arbitrazh court has accepted an application to declare a company insolvent D The monitor is introduced by the Arbitrazh court at the beginning of the observation stage of the insolvency procedure 85 In relation to the company insolvency by what process are creditors claims settled for a lesser amount than what is owed to them A Amicable settlement composition B Rehabilitation C Arbitration D Observation 86 Which of the following is not an obligation of a monitor A To sell assets to raise funds to pay salaries B To carry out an analysis of the financial position C To notify creditors about commencement of observation D
