India passed its Insolvency and Bankruptcy Code, seen as a key element in making the country’s corporate bond market more attractive to international investors. Under the Code, company insolvency resolutions should be completed within 180 days, after which assets can be resold to pay creditors. The process will be overseen by a National Company Law […]
India passed its Insolvency and Bankruptcy Code, seen as a key element in making the country’s corporate bond market more attractive to international investors. Under the Code, company insolvency resolutions should be completed within 180 days, after which assets can be resold to pay creditors. The process will be overseen by a National Company Law […]