The Bill's establishment of group insolvency and cross-border insolvency frameworks is significant as it illustrates India's evolution as a sophisticated player in the global insolvency sector.

India lacks a formal mechanism to address cross-border insolvency and restructuring. In practice, resolution of such matter’s hinges on ad hoc court-to-court cooperation or the recognition of foreign judgments under the Civil Procedure Code 1908.

The new PA-CB regulations overhaul cross-border payments, centralizing and regulating them.

The prominence of cross border demergers should be acknowledged as a lucrative option of corporate restructuring.

Per the authors, the framework for cross-border mergers in India remains of limited efficacy.

The author analyses the recent decision of SC and other court rulings on the taxability of cross-border secondment arrangements.

Author analyses the provisions regarding cross-border transfer of data in the draft Digital Personal Data Protection Bill 2022.

The author argues in favour of a progressive reform in pursuit of enabling cross-border demergers through regulatory and judicial certainty.

Author deals with 2 problematic aspects and proposes amendments to public policy exception contained in draft cross border insolvency law.