The Indiana Petition for Recognition of Foreign Proceeding is a legal document filed in the Indiana court in order to recognize a foreign bankruptcy, insolvency, or similar proceeding. This petition is typically filed by a foreign representative of the debtor in the foreign proceeding. The petition must be accompanied by a verified copy of the foreign proceeding and other documents to support the petition. It is also necessary to provide an affidavit of the foreign representative and other materials that show that the foreign proceeding is a valid one. There are two types of Indiana Petition for Recognition of Foreign Proceeding: Chapter 15 Petition and Model Law Petition. The Chapter 15 Petition is used for recognition of foreign bankruptcies, while the Model Law Petition is used for recognition of foreign insolvency proceedings. In both cases, the petition must be accompanied by the necessary documents, and must be verified and served upon the debtor.