The IBC recognizes the importance of addressing cross border insolvency issues and incorporates provisions to deal with such cases. Section 234 of the IBC specifically deals with cross-border insolvency. It empowers the Central Government to enter into agreements with foreign countries to enforce the provisions of the IBC relating to cross-border insolvency.

  • https://www.ancoraa.com/blog/cross-border-insolvency
  • The IBC recognizes the importance of addressing cross border insolvency issues and incorporates provisions to deal with such cases. Section 234 of the IBC specifically deals with cross-border insolvency. It empowers the Central Government to enter into agreements with foreign countries to enforce the provisions of the IBC relating to cross-border insolvency.

  • India
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By ancoraa

Ancoraa Resolution is a financial services firm focussed on debt resolution and financial restructuring. Ancoraa Resolution helps suppliers file the insolvency applications and get their dues faster by leveraging its technology platform and speeding up the recovery process. With over 35 licensed Insolvency Professionals located across 14 cities in India, Ancoraa Resolution ensures that you are equipped to take speedy action in matters of insolvency, debt resolution and liquidation.

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