India Greenlights Game-Changing Group Insolvency Framework, ETLegalWorld
From Silos to Synergy: India’s Bankruptcy Law Gets Its Biggest Overhaul Yet New Delhi: Imagine a group of companies—parent, subsidiaries, and affiliates—so tightly bound that if one fails, the rest stumble too. Until now, India’s insolvency law treated each of these firms like isolated islands. But that’s about to change. In a major reform, the…