Tag: Insolvency & Bankruptcy Code
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India looks to further reforms of the bankruptcy code
When the Insolvency and Bankruptcy Code (“the Code”) was introduced in 2016, it highlighted the need to create a credit-friendly culture, an area where previous legislation had fallen short. But while the Code has proven its efficacy as a dynamic legal framework, there remain areas of concern over its application. Below we review these and…
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How to recover foreign award debts in India through insolvency proceedings
In recent years, India has embraced a pro-arbitration approach, making international arbitration the preferred method for resolving disputes between Indian corporations and global entities.