In the following question, two columns are given, containing three phrases each. A phrase from the first column may or may not connect with a phrase from the second column to make a grammatically and contextually correct sentence. There are five options, four of which display the sequence(s) in which the phrases can be joined to form a correct sentence. If none of the phrases make a correct sentence, mark ‘None of these’ as your answer.

Column (1)	Column (2)
(A) The Insolvency and Bankruptcy Code	(D) of the blame in not initiating the insolvency process soon enough.
(B) It could potentially protect a running business	(E) was conceived to help achieve a resolution.
(C) The lenders have to shoulder a fair share	(F) and help revive it through capital restructuring under a new promoter.