Panel for adopting UN model on cross-border insolvency 

Panel for adopting UN model on cross-border insolvency  News: The Insolvency Law Committee (ILC) has suggested amendments to India’s Insolvency and Bankruptcy Code (IBC) to align it with United Nations’ model to handle cross-border insolvency cases. Important Facts: The ILC headed by Ministry of Corporate Affairs (MCA) secretary Injeti Srinivas recommended the adoption of the… Continue reading Panel for adopting UN model on cross-border insolvency