shine india monthly magazine

shine india monthly magazine

shine india monthly magazine article was published in crossborder insolvency ibc lacks a standardized crossborder insolvency approach as observed in videocon and jet airways case increasing complexities and issues such as o extent of access to assets held in a foreign country for an insolvency administrator o priority of payments i.e. whether local creditors to have access to local assets before funds go to the foreign administration or not o recognition of the claims of local creditors in a foreign administration o recognition and enforcement of local securities taxation system over local assets where a foreign administrator is appointed etc.  upholding home buyers rights though homebuyers are recognized as financial creditors (chitra sharma v. union of india) it requires a minimum threshold of 10% or 100 homebuyers (whichever is lower) of one project to initiate the process causing practical difficulties in meeting the required threshold to initiate insolvency proceedings shine india monthly magazine subscription. 

shine india monthly magazine