IBBI Proposes Major Reforms to Enhance Transparency and Safeguards in CIRP: A Deep Dive
The Insolvency and Bankruptcy Board of India (IBBI) released a significant Discussion Paper on November 17, 2025, aimed at addressing practical gaps and strengthening the integrity of the Corporate Insolvency Resolution Process (CIRP). The proposals focus on increasing transparency, protecting real estate allottees, and ensuring accountability in decision-making within the Committee of Creditors…

