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CROSS BORDER INSOLVENCY
More than 8,800 cases admitted under IBC, creditors realise over Rs 4.11 lakh cr till Dec 2025India's Insolvency and Bankruptcy Code has seen significant success. By December 2025, over 8,800 corporate insolvency cases were admitted....19 May, 2026, 11.40 PM IST- Outward remittances: NBFCs don't need prior RBI nod for dealer tie-upsThe framework shifts regulatory focus away from ex-ante approvals toward compliance, transparency and consumer protection obligations at re...14 May, 2026, 01.49 AM IST
- India plans special NCLT bench for cross-border insolvency cases to speed up resolutionsIndia plans to set up a special NCLT bench with trained members to handle cross-border insolvency cases once new rules under the Insolvency...16 Apr, 2026, 12.54 AM IST
- Proposed IBC amendments to expedite resolution of stressed companies: IBBI ChairmanRavi Mital says bankruptcy law changes will speed up stressed company resolutions. Nirmala Sitharaman introduced amendments to the Insolven...21 Aug, 2025, 11.50 PM IST
- On hold: Plan to bring in cross-border, individual insolvency frameworksThe government has delayed plans to introduce cross-border insolvency and an out-of-court individual delinquency mechanism. These provision...04 Mar, 2025, 11.27 PM IST
- Govt preparing Cabinet note on cross-border insolvencyThe Ministry of Corporate Affairs is preparing a Cabinet note on cross-border insolvency, which will be discussed soon by the Union Cabinet...10 Jun, 2022, 03.11 PM IST
- Budget 2022 proposes a faster resolution and cross-border insolvencyThe Union Budget 2022 has paved the way for faster resolution of bankrupt companies by proposing amendments to enhance the resolution proce...01 Feb, 2022, 02.30 PM IST
- Think global, act local – Budget introduces cross-border insolvency and accelerates voluntary liquidationThe theme for reforms in insolvency code is that of glocalization. Adoption of cross-border insolvency framework based on UNCITRAL model la...01 Feb, 2022, 01.05 PM IST
- Economic Survey underlines need for standardised framework for cross border insolvencyIt mentioned about the report of the Insolvency Law Committee, which had recommended the adoption of the United Nations Commission on Inter...31 Jan, 2022, 05.14 PM IST
- Aviation, communication may not come under cross-border insolvency ambitThe Ministry of Corporate Affairs released a consultation paper on November 24 seeking public comments on a draft cross-border insolvency f...29 Nov, 2021, 11.08 AM IST
- Govt proposes framework for cross-border insolvency; seeks comments till Dec 15The government is preparing to come out with a cross-border insolvency resolution framework based on the UNCITRAL model law and is proposed...26 Nov, 2021, 04.04 PM IST
- Cross-border insolvency: MCA proposes exclusion of financial service providers; exempts pre-pack process for MSMEsThe ministry specified that such exclusion is in line with the IBC, where financial service providers are subject to a special insolvency p...26 Nov, 2021, 01.43 PM IST
- Cross-border insolvency cases: Government will soon put out for consultation the draft legal frameworkBased on the feedback, the government will try and move a Bill to amend the Insolvency and Bankruptcy Code (IBC) in the upcoming winter ses...19 Nov, 2021, 08.50 AM IST
- Government-appointed panel suggests UN model law for cross-border insolvency casesThe Insolvency Law Committee (ILC), chaired by Corporate Affairs Secretary Injeti Srinivas, on Monday submitted its report on the matter to...22 Oct, 2018, 06.10 PM IST
- High-level panel likely to suggest UN model for cross-border insolvency casesThe Insolvency Law Committee (ILC) is looking into the discussion paper related to having the UN model for cross-border insolvency matters ...21 Oct, 2018, 06.22 PM IST
- Government looking at adopting UN model for cross-border insolvency normsThe Insolvency Law Committee (ILC), headed by Corporate Affairs Secretary Injeti Srinivas, is studying the feasibility of introducing cross...22 Jul, 2018, 03.58 PM IST
- Insolvency Board to consider cross-border normsCross-border insolvency is on top of the agenda. The authorities are keen to make that happen as there is no provision under the IBC for it...11 Jan, 2018, 12.01 AM IST
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