Under Section 10 of IBC act what is the time limit to give by adjudicating authority to the app...........

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Under Section 10 of IBC act what is the time limit to give by adjudicating authority to the applicant to rectify the defects in his application?

within 8 days

within 7 days

within 10 days

within 6 days.

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Explanation:

Under section 10 of IBC act Adjudicating Authority shall, before rejecting an application, give a notice to the applicant to rectify the defects in his application within seven days from the date of receipt of such notice from the Adjudicating Authority.