Govt to steer design of cross-border insolvency regime, special NCLT bench likely
Published on: Aug. 20, 2025, 5:35 a.m. | Source: Livemint
The government will lead the creation of a cross-border insolvency regime under the IBC Amendment Bill 2025, rather than delegating the task to IBBI. A special NCLT bench is likely to streamline processes, enhance efficiency in cross-border bankruptcy cases and help boost India's business ranking.
