{"id":22032,"date":"2026-04-15T11:49:45","date_gmt":"2026-04-15T11:49:45","guid":{"rendered":"https:\/\/www.legalserviceindia.com\/Legal-Articles\/?p=22032"},"modified":"2026-04-15T11:52:53","modified_gmt":"2026-04-15T11:52:53","slug":"insolvency-with-foreign-elements-whose-law-should-prevail","status":"publish","type":"post","link":"https:\/\/www.legalserviceindia.com\/Legal-Articles\/insolvency-with-foreign-elements-whose-law-should-prevail\/","title":{"rendered":"Insolvency with Foreign Elements: Whose Law Should Prevail?"},"content":{"rendered":"\n

<\/span>1. Introduction<\/span><\/h2>\n\n\n\n

Globalisation has fundamentally transformed the structure of commerce, enabling corporations to operate seamlessly across multiple jurisdictions. Multinational enterprises now hold assets, conduct operations, and maintain creditor relationships in different countries simultaneously. While this expansion enhances economic growth, it also creates legal complexities, particularly in situations of insolvency.<\/p>

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Table of Contents<\/p>\nToggle<\/span><\/path><\/svg><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n