Singapore High Court Recognises Indian CIRP for the First Time: A Landmark Decision
In a landmark development for cross-border insolvency jurisprudence, the Singapore High Court has, for the first time, granted recognition to the Corporate Insolvency Resolution Process (CIRP) of an Indian company as a “foreign main proceeding” under the UNCITRAL Model Law on Cross-Border Insolvency, as adopted in Singapore through the Insolvency, Restructuring and Dissolution Act 2018 […]
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