{"id":10430,"date":"2025-10-19T06:48:13","date_gmt":"2025-10-19T06:48:13","guid":{"rendered":"https:\/\/www.legalserviceindia.com\/Legal-Articles\/?p=10430"},"modified":"2025-10-31T08:41:19","modified_gmt":"2025-10-31T08:41:19","slug":"bridging-borders-india-and-the-uncitral-model-law","status":"publish","type":"post","link":"https:\/\/www.legalserviceindia.com\/Legal-Articles\/bridging-borders-india-and-the-uncitral-model-law\/","title":{"rendered":"Bridging Borders: India and the UNCITRAL Model Law"},"content":{"rendered":"

<\/span>Introduction<\/span><\/h2>\n

The rise of globalization has changed the environment in which businesses function. No longer is a business just confined to one country \u2014 a conglomerate can be headquartered in one country, have subsidiary companies in other countries, have creditors dispersed throughout the world, and have assets that are located in more than one jurisdiction! This interconnected way of doing business has led to expansion; however, it also creates significant challenges when a business is experiencing financial difficulties.<\/p>

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