ITS is an advanced application which aims to provide innovative services relating to different modes of transport and traffic management and enable various users to be better informed and make safer, more coordinated and smarter use of transport networks.
The proposal in the Financial Resolution and Deposit Insurance Bill, 2017 to introduce a resolution corporation to tackle bankruptcy in financial services firms has raised various questions.
Financial firms that do not fall in the ambit of the Insolvency and Bankruptcy Code (IBC) and therefore bankruptcy needs of financial firms such as banks have to be coordinated outside the IBC process.
