Information Utility!!!!!
Information utility is an information network which would store financial data like borrowings, default and security interests among others of firms.
The utility would specialise in procuring, maintaining and providing/supplying financial information to businesses, financial institutions, adjudicating authority, insolvency professionals and other relevant stake holders.
Link | http://www.thehindu.com/business/Industry/information-utility-under-the-ibc/article19866301.ece
Regards
Pralhad
Jadhav
Senior
Manager @ Knowledge Repository
Khaitan
& Co
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