Q:

As per the passage, how was the money distributed among the creditors after the insolvency of the corporation?

• 1
  Unnecessary intervention of the banks would lead to the division of money among the shareholders and the board of directors.
• 2
  The money would be deployed to the highest bidder and remaining would be kept by the banks.
• 3
  The money would be shared equally among the sundry suppliers and the unsecured lenders.
• 4
  Both (a) and (b)
• 5
  None of these