Will the Lion Head’s Nod Spur India’s Cross-Border Insolvency Law?
Introduction In 2023, a financial creditor of Compuage Infocom Limited (CIL) initiated the Corporate Insolvency Resolution Process (CIRP) under Section 7 of the Insolvency and Bankruptcy Code (IBC) before the National Company Law Tribunal (NCLT), Mumbai. The CIRP was admitted by the NCLT, and RP was appointed. CIL had assets and monies in Singapore, and consequently, the RP sought the […]
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