On 26-5-2025, the Insolvency and Bankruptcy Board of India (‘IBBI’) notified Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (4th Amendment) Regulations, 2025 to enhance transparency, improve creditor protections, and streamline insolvency resolution. It came into force on 26-5-2025.
Key Points:
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The notable changes that this Amendment brings to Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016, includes a progressive step towards an efficient insolvency system, reinforcing India’s commitment to creditor rights and corporate restructuring.
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This Amendment allows interim finance providers to attend committee of…
