Cross-Border Insolvency

Cross-border insolvency or international insolvency is a circumstance when an insolvent debtor has credit and/or debtors in more than one jurisdiction i.e., in different countries. Despite global trade crossing borders, the process of insolvency has not been simplified. Read here to know more. The accelerated development of technology, commerce, and the business sector has led […] The post Cross-Border Insolvency appeared first on ClearIAS.
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