"110 transactions have been admitted by the NCLT for corporate insolvency resolution," Insolvency and Bankruptcy Board of Indias chairman M S Sahoo said at a programme at Merchants Chamber of Commerce. The fast track process will also be applicable to an unlisted company with total assets, as reported in the financial statement of the immediately preceding financial year, not exceeding Rs one crore.Meanwhile, the Merchants Chamber is setting up assistance desk for the MSMEs on the insolvency code. "The fast track process will apply to the small companies having paid up capital of less than Rs 50 lakh or annual turnover of less than Rs two crore," he said. "We are the first chamber in the country to set up assistance desk on insolvency code," the first insolvency professional of the country and company secretary, Mamta Binani, said.

Initially low value cases were reported, but now high value cases were also coming for adjudication. In May, some 500 applications, including those from banks, were filed with various benches of the NCLT for bankruptcy resolution, Sahoo said.A case is admitted by NCLT when it finds prima facie truth in the truck air dryer Manufacturers claims made by the applicant.As many as 110 cases have been admitted by the National Company Law Tribunal for resolution of corporate insolvency.. He said that the "underlying default" ranged from a few lakh to 6000 crore rupees.He said that the board had notified for fast track resolution of insolvency cases involving small companies and start-ups within 90 days instead of maximum 180 days allowed normally.

In one of the most shocking cases, an 87-year-old crashed his truck into a group of schoolchildren killing a six-year-old and injuring others, prompting demands for action on the issue. Ill stop driving if I feel I have health problems.3 per cent of the total, up from 17.A series of fatal crashes caused by elderly drivers in Japan has left authorities desperately grappling for ways to clamp down on a problem that experts warn is only going to get worse as the population ages.

The driving course attempts to China disc brake chamber Factory address this by physical exercises such as stretching as well as drills to improve cognitive functions.Japanese IT firm DeNA has been testing self-driving cars to provide a new means of transportation in ageing rural communities by 2020.Madam Emiko Takahashi, a 73-year-old woman taking the course, admitted she had "no confidence" in her driving as she got older."Thats why I came here," she said, adding that she has no choice but to drive her ailing husband, seven years her senior, to hospital every day."The advantage (of driving your own car) is that you can go wherever and whenever you want.According to a survey Prof Tokoro conducted, 10 per cent of drivers in their 30s thought they were capable of avoiding accidents, while the figure stood at 53 per cent for those aged 75 and older.