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The Tax Publishers Order Order No. 30/27/2018-INSOLVENCY SECTION, dt. 23-01-2020 Constitution of a Committee For Recommending Rules & Regulatory Framework For Smooth Implementation Of Proposed Cross Border Insolvency Provisions In The Insolvency & Bankruptcy Code, 2016 The Insolvency Law Committee (ILC) examined the suggestions/representations from public & stockholders, deliberated on the provisions among its members and accordingly submitted its report on Cross border Insolvency which provides recommendations of the Committee on adoption of the UNCITRAL Model Law in India with the modifications as considered necessary by the ILC in the Indian context. The Committee has also recommended a few carve outs to ensure that there is no Inconsistency between the domestic Insolvency framework and the proposed Cross Border Insolvency Homework. SUBSCRIBE FOR FULL CONTENT

The Tax Publishers

Order

Order No. 30/27/2018-INSOLVENCY SECTION, dt. 23-01-2020

Constitution of a Committee For Recommending Rules & Regulatory Framework For Smooth Implementation Of Proposed Cross Border Insolvency Provisions In The Insolvency & Bankruptcy Code, 2016

The Insolvency Law Committee (ILC) examined the suggestions/representations from public & stockholders, deliberated on the provisions among its members and accordingly submitted its report on Cross border Insolvency which provides recommendations of the Committee on adoption of the UNCITRAL Model Law in India with the modifications as considered necessary by the ILC in the Indian context. The Committee has also recommended a few carve outs to ensure that there is no Inconsistency between the domestic Insolvency framework and the proposed Cross Border Insolvency Homework.