The Insolvency and Bankruptcy Board of India (IBBI) through a notification issued on 20 th November introduced new regulations aimed at enhancing the efficiency and quality of the insolvency resolution process.
The most notable change, outlined in the Insolvency and Bankruptcy Board of India (Insolvency Professionals) (Second Amendment) Regulations, 2025, is a strict cap on the number of assignments an individual insolvency professional can undertake.
Under the newly inserted Regulation 7B, an individual insolvency professional is now barred from handling more than ten assignments in aggregate at any given time. This cumulative limit includes roles served as an interim resolution professional, a resolution…