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One of the draftsmen behind India’s Insolvency and Bankruptcy Code and a senior partner at his firm discuss how delays are weighing down India’s seven-year-old bankruptcy system and whether the country might adopt the UNCITRAL Model Law on Cross Border Insolvency this year.
28 June 2023
Lawyers in India and further afield tell GRR the country’s decision to open its legal market to foreign law firms and practitioners will present opportunities in the restructuring space and will prove to be a “boon” for India’s insolvency industry.
20 March 2023
The think tank founded by former INSOL International president Sumant Batra has named two Indian judges as emeritus fellows, and dedicated a new mediation centre to another late luminary in the insolvency space.
08 February 2023
The Indian government is inviting comments on a suite of proposed reforms to the country’s Insolvency and Bankruptcy Code, from a new electronic case management platform to special rules for real estate developers.
26 January 2023
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