Cross Border Insolvency: Why Serious Contemplation Over UNCITRAL Framework Is A Better Approach Than A Hasty Decision

It is widely believed that India, the world's fifth largest economy by size may do well with an international framework to settle cross border insolvencies (CBI). In recent years, serious discussion among thought-leaders has also resulted in the thinking that adopting the UNCITRAL framework on CBI would be value-accretive to India's ability to...