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FRDI Bill: Arun Jaitley seeks to allay fears, says govt committed to protecting rights of depositors
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FRDI Bill: Arun Jaitley seeks to allay fears, says govt committed to protecting rights of depositors

The bill provides for establishment of a resolution corporation with powers relating to transfer of assets to a healthy financial firm, merger or amalgamation, liquidation to be initiated by an order of the National Company Law Tribunal.