Govt likely to opt for global model over bilateral agreements for cross-border insolvency
- Posted on August 12, 2026
- By Financial Express
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- 1 min read
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Govt likely to opt for global model over bilateral agreements for cross-border insolvency
The government plans to adopt the UNCITRAL Model Law on Cross-Border Insolvency to streamline international insolvency processes, enabling faster implementation and better coordination with foreign courts.