MCA invites Suggestions from Stakeholders on Draft Chapter of Cross Border Insolvency

Jun 21, 2018 | by Avantis RegTech Legal Research Team

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The Ministry of Corporate Affairs, Central Government, has taken initiative to introduce a chapter on Cross-Border Insolvency within the Insolvency & Bankruptcy Code, 2016 to provide a comprehensive legal framework, considering the fact that corporates transact businesses in more than one jurisdiction and also have assets across many jurisdictions. Introductory note and draft chapter is given at Annexure-A of the Public Notice.

Suggestions on the draft chapter on Cross Border Insolvency are invited from the stakeholders to further enhance the same and ensure that wider consultation/views ale incorporated.

Suggestions in the format prescribed below may be mailed to the entail id [email protected] till June 30, 2018,-

SI. No.

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[File No. 30/27/2018]



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