A creditor objects to a proposed transfer of undertakings under Section 14 of KCS Act. What protection is most consistent with statutory practice?
AThe creditor's objection automatically halts the transfer.
BThe transfer is approved if the creditor doesn't respond within 30 days.
CThe scheme only needs to inform creditors, not provide any protection.
DThe scheme must provide for notice and either consent, payment, or adequate security for dissenting creditors