IBC Amendment Bill 2025, passed by Lok Sabha, introduces creditor-driven reforms

New Delhi [India], March 30 (ANI): The Insolvency and Bankruptcy Code (Amendment) Bill, 2025 passed in the Lok Sabha on Monday. Featuring 12 amendments, the revised legislation introduces significant changes to India’s insolvency resolution framework, including new creditor-driven mechanisms, stricter timelines, and provisions for cross-border and group insolvency.
The Bill seeks to amend the Insolvency and Bankruptcy Code (IBC), 2016, with the aim of further streamlining insolvency resolution processes and…