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Cross Border Insolvency and India’s Approach: Insights from Recent NCLT Rulings
Cross-border insolvency is an important area of concern for the new world order where a multi-jurisdictional economic transaction by corporate entities is common place. Issues arising from such cross-border insolvency are very complex, requiring an effective and efficient legal mechanism in balancing the interests of all stakeholders, namely, debtors, creditors, and other parties. Though emerging … Continue reading Cross Border Insolvency and India’s Approach: Insights from Recent NCLT Rulings
Read more »Forum Shopping & Its Prevalence in Cross-Border Insolvency Matters
INTRODUCTION Forum Shopping is considered as a bad phenomenon or act of the party/parties in the eyes of Private International Law and when it comes to insolvency forum shopping, serious efforts have been put in by the European Union and the US, separately, to counter the use of the same. Recital 4 of the European … Continue reading Forum Shopping & Its Prevalence in Cross-Border Insolvency Matters
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