Foreign Insolvency Judgments from Non-Reciprocating Countries not applicable In Indian Courts in Absence of

The Calcutta High Court ruled that foreign insolvency judgments from non-reciprocating countries are not enforceable in Indian courts due to the absence of a cross-border framework. The court emphasized the need for reciprocity and a statutory mechanism for recognition and enforcement of such judgments. This decision underscores the limitations in applying foreign insolvency judgments in India without a bilateral or multilateral agreement.