| 000 -LEADER |
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| fixed length control field |
01491nam a22001457a 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
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| fixed length control field |
250618b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME |
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| Personal name |
Sindhu T.P. |
| 245 ## - TITLE STATEMENT |
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| Title |
An International Perspective of Insolvency and Bankruptcy Laws |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) |
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| Place of publication, distribution, etc |
Indian Journal of Political Science |
| 300 ## - PHYSICAL DESCRIPTION |
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| Extent |
85(1), Jan-Mar, 2024: p.149-156 |
| 520 ## - SUMMARY, ETC. |
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| Summary, etc |
Indian insolvency laws are influenced by the United Kingdom's code, offering insight into our framework. The United States, a global economic leader, has an effective insolvency code. However, addressing commercial distress is a shared challenge in India and other developing nations. While developed countries may shut down unviable units, it may not be feasible in India due to potential job losses and economic repercussions. At this point, it's essential to explore practices in other jurisdictions to guide reforms in the Indian insolvency regime. Two countries, the USA and the UK, have been chosen for comparison due to their well- established insolvency laws. The comparison is pertinent as the U.S. law predates the Indian statute and has become a standard in insolvency, while the UK's legal framework has long influenced various aspects of Indian law. The UNCITRAL Legislative Guide on Insolvency is also considered, serving as advisory for countries crafting their insolvency laws.- Reproduced |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
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| Topical term or geographic name as entry element |
insolvency, bankruptcy, international perspective |
| 9 (RLIN) |
54468 |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) |
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| Item type |
Articles |
