Understanding the 2026 changes for RPs, Creditors, Resolution Applicants and Other Insolvency Professionals
The Insolvency and Bankruptcy Code, 2016 has entered another important phase of development with the Insolvency and Bankruptcy Code (Amendment) Act, 2026 . The amendments seek to address several practical issues that have emerged during the implementation of the Code and place greater emphasis on speed, information, accountability, value preservation and effective resolution.
The Amendment Act received Presidential assent on 6 April 2026 , and specified provisions were brought into force with effect from 26 May 2026. Consequential amendments to the IBBI Regulations have subsequently been notified and brought into…