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Insolvency and Bankruptcy Code’s (IBC) 2025 Amendment Bill

Context

The Insolvency and Bankruptcy Code (Amendment) Bill, 2025 seeks to address persistent delays, promoter resistance, and judicial ambiguities in India’s insolvency framework while reinforcing creditor-driven, time-bound resolutions.

Insolvency and Bankruptcy Code (IBC), 2016 – Overview

 

  • Enacted in 2016 to consolidate and amend laws relating to reorganisation and insolvency resolution of companies, partnerships, and individuals.
  • Objective: Provide a time-bound, creditor-driven process for insolvency resolution and maximise value of assets.
  • Key Features:
    • Corporate Insolvency Resolution Process (CIRP) within 180 days (extendable to 270 days).
    • Insolvency and Bankruptcy Board of India (IBBI) as the regulator.
    • Read the original article here

      Category: BankruptcyBy EditorSeptember 27, 2025

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