Budget 2019: Welcome changes in fiscal laws, says Shardul Shroff – Business Standard

Clearly the cross-border insolvency law, consistent with the UNCITRAL Model with least intrusion into each countrys domestic insolvency laws, is imminently likely to be introduced as new law. The framework law for group insolvency and cross-border insolvency of group companies cannot be far behind, to tackle the realities of global insolvency. Personal insolvency,…

People in the news: Thomas Westcott, Grant Thornton, DTE, Mazars, Float – Accountancy Daily

Shona Godefroy has been appointed managing partner of Thomas Westcott, the southwest-based firm of chartered accountants and business advisers. She takes over the leadership of the practice from chairman Richard Thomas, who founded the firm in 1985 and is stepping down after 34 years. Godefroy joined Thomas Westcott in 2007 from Big Four firm EY…

Cross-border insolvency law, steps for individual bankruptcy on cards: Economic Survey – VCCircle

India plans to enact a cross-border insolvency law and take steps to make bankruptcies of individuals easier as part of reforms aimed at speeding up the resolution of stressed assets, according to the governments Economic Survey for 2018-19. The cross-border insolvency law will not only provide a transparent and predictable mechanism to deal with issues…