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Post by: IndiaFilings in Legal
Cross Border Insolvency and Bankruptcy Cross-border insolvency or international insolvency, regulates the treatment of financially distressed debtors where such debtors have assets or creditors in more than one country across the globe. When the Bankruptcy Code was first unveiled in…
Post by: IndiaFilings in Legal
Acts of Insolvency The personal insolvency laws in India are designed to address the case of an individual who is not able to pay his/her debts. The aim of the personal insolvency laws in India is to protect the insolvent…
Post by: IndiaFilings in Legal
Debt Relief: Insolvency Laws in India Debt relief in India is provided through insolvency laws that trace its history to the British India period. The insolvency laws in India provide debt relief in threefold. First, an insolvent person is adjudicated…