Insolvency and Bankruptcy (IBC) Bill: 7 key amendments that distinguish it from existing law

Amid uproar by the Opposition, Finance Minister Nirmala Sitharaman on Tuesday introduced an amended Insolvency and Bankruptcy Code in the Lok Sabha. Among some of the key amendments to the existing bankruptcy law that are incorporated in the Insolvency and Bankruptcy Code (Amendment) Bill, 2025, include a provision enabling a “creditor-initiated insolvency resolution process” with…

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