Cross-Border Insolvency
By INSOL India - Editorial Team Posted On : June 06, 2020
The Government of India had constituted a committee with Mr. K.P. Krishnan a retired IAS Officer as its chairman, to recommend rules and regulatory framework for the implementation of the cross-border insolvency provisions under the Insolvency and Bankruptcy Code. The report had been submitted last Thursday to the Government of India. However, the second aspect which was also referred to as the said committee, with respect to the recommendations on the enterprise group insolvency is still awaited and is expected in the next three months.