The Insolvency and Bankruptcy Board of India (IBBI) has amended its corporate insolvency resolution process and introduced fresh guidelines for appointing insolvency professionals, with a strong emphasis on transparency and fairness for stakeholders.
In May 2025, the Insolvency and Bankruptcy Board of India (IBBI) implemented two significant policy reforms aimed at enhancing the effectiveness of the corporate insolvency framework. These include amendments to the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code (IBC), 2016, as well as the introduction of new guidelines for the recommendation of insolvency professionals (IPs) to adjudicating…
