Insolvency and Bankruptcy Code’s (IBC) 2025 Amendment Bill

Context

The Insolvency and Bankruptcy Code (Amendment) Bill, 2025 seeks to address persistent delays, promoter resistance, and judicial ambiguities in India’s insolvency framework while reinforcing creditor-driven, time-bound resolutions.

Insolvency and Bankruptcy Code (IBC), 2016 – Overview

Enacted in 2016 to consolidate and amend laws relating to reorganisation and insolvency resolution of companies, partnerships, and individuals.
Objective: Provide a time-bound, creditor-driven process for insolvency resolution and maximise value of assets.
Key Features:
- Corporate Insolvency Resolution Process (CIRP) within 180 days (extendable to 270 days).
- Insolvency and Bankruptcy Board of India (IBBI) as the regulator.
- Read the original article here
  
  Category: BankruptcyBy Editor September 27, 2025
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Insolvency and Bankruptcy Code’s (IBC) 2025 Amendment Bill

Context

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