Cross-border and group insolvency under the IBC Amendment Act 2026
Cross-border and group insolvency under the IBC Amendment Act 2026 rest on two new provisions: Section 240C, which lets the Central Government prescribe rules for recognising and cooperating with foreign insolvency proceedings, and Chapter VA, which does the same where two or more companies in a group go through insolvency together. Neither provision is in […]
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