Govt seeks inputs on tackling cross-border insolvency: Union Minister Rao

Union Budget in February talked about updating the Insolvency and Bankruptcy Code to enable cross-border dispute resolution.

The government seeks suggestions from "intellectuals" to have a process for solving cross-border disputes under the Insolvency and Bankruptcy Code (IBC), said Union Minister Rao Inderjit Singh on Saturday.

Singh, who is minister of state in the Corporate Affairs Ministry, was speaking on the sidelines of the two-day International Research Conference on Insolvency and Bankruptcy being held at Indian Institute of Management Ahmedabad (IIM-A).

"This is something that the government has put on the anvil and we will have help from all intellectuals to decide as to the best course to go about it. A lot of people have invested either from