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Home News News and Press Release Month 6 2018 2018 (6) This

Suggestions invited on the draft chapter on Cross Border Insolvency

20-6-2018
  • Contents

Government of India

Ministry of Corporate Affairs

Insolvency Section File No. 30/27/2018

Dated: 20.06.2018

Public Notice

Government has taken initiative to introduce a chapter on Cross-Border Insolvency within the Insolvency & Bankruptcy Code, 2016 (the Code) to provide a comprehensive legal framework, considering the fact that corporates transact businesses in more than one jurisdiction and also have assets across many jurisdiction. Introductory note and draft chapter is given at Annexure-A.

Suggestions on the draft chapter on Cross Border Insolvency are invited from the stakeholders to further enhance the same and ensure that wider consultation/ views are incorporated. Suggestions in the format prescribed below may be mailed to the email id "crossborder@mca.gov.in   till 30.06.2018:-

Sl. No.

Relevant clauses

Suggestions

Justifications

Name

Designation

Organization

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Saurabh Gautam)

Assistant Director

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