Insolvency proceedings involving debtors or assets located in more than one country. India has not yet enacted a formal cross-border insolvency framework, though the Insolvency Law Committee recommended adoption of the UNCITRAL Model Law.
Last updated: 17 May 2026
Insolvency proceedings involving debtors or assets located in more than one country. India has not yet enacted a formal cross-border insolvency framework, though the Insolvency Law Committee recommended adoption of the UNCITRAL Model Law.
Cross-border Insolvency is significant under IBC because it refers to: Insolvency proceedings involving debtors or assets located in more than one country. India has not yet enacted a formal cross-border insolvency framework, though the Insolvency Law Committee recommended adoption of the UNCITRAL Model Law.
Cross-border Insolvency under IBC applies to companies, professionals, and individuals involved in IBC-related compliance and regulatory matters in India. Specifically: Insolvency proceedings involving debtors or assets located in more than one country. India has not yet enacted a formal cross-border insolvency framew...