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Economics and Innovative Technologies

Abstract

This Article compares the insolvency laws of different countries such as US, UK, Germany, Singapore, and Australia with the Indian legal procedures in Insolvency law. Four years since passing of this legislation, this article seeks to analyze the effectiveness of the Indian Insolvency Law (IBC) in comparison with its counterparts. This Article also sees the differences in how the insolvency laws differ and how their implementation differs from country to country.

References

1. Srivats K R, “Cross-border insolvency framework will help attract more FDI: Experts”, The Hindu Business Line, June 27, 2018, https://www.thehindubusinessline.com/economy/cross-border-insolvency-framework-will-help-attract-more-fdi-experts/article24273079.ece 2. Jack Jason, “A Missing Variable: The impact of cross-border insolvency laws on Foreign Direct Investment”, Minnesota Journal of International Law, 287 (2018) 3. Shaun Langhorne, Alexander McMyn, “New Insolvency and Bankruptcy Law creates opportunities for Foreign Investment in India”, (November 07, 2018), https://www.mondaq.com/insolvencybankruptcy/752174/new-insolvency-and-bankruptcy-law-creates-opportunities-for-foreign-investment-in-india 4. Ahita Paul, “Examining the rise of Non-Performing Assets in India”, PRS Legislative Research, (September 13, 2018), https://www.prsindia.org/content/examining-rise-non-performing-assets-india 5. MSR Krishna Prasad Rao, “A study on the ease of doing business in India: Problems and Prospects”, Vol 8(3), International Journal of Management, IT & Training (March 2018)

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