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MCA invites suggestions on draft on Cross-Border Insolvency

Government of India

Ministry of Corporate Affairs

Insolvency Section File no.30/27/2018

Dated:20.06.2018

Public Notice

Government has taken  in initiative to introduce a chapter on Cross-Border Insovency  within the Insolvency & Bankruptcy Code,  2016 (The Code) to provide  a comprehensive legal framework, Considering the fact  that corporates transct businesses in more than one jurisdiction  and also  have assets across  many  jurisdiction amd also have assets across many jurisdiction. Introductiory  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  consultations/views  are incorporated. Suggestions in format prescribed below may  be mailed  to the email id “crossborder@mca.gov.in till  30.Annexure-A06.2018

Format for suggestions 

 Annexure A

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