United Nations Commission on International Trade Law Model Law on Cross border Insolvency (1997) is the most widely accepted legal framework on cross-border insolvency.
A new scheme, Prime Minister's Development Initiative for North-East, PM-DevINE was announced by the Union Minister for Finance Nirmala Sitharaman while presenting the Union Budget 2022-23.
The government has made it mandatory for telecom companies for the storage of international calls, satellite phone calls, conference calls and messages, made over normal networks as well as on the internet for at least two years.
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