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11Mar 2026

Cabinet Approves Final Amendments to Insolvency Bankruptcy Code

Cabinet Approves Final Amendments to Insolvency Bankruptcy Code Why in the News ? The Union Cabinet has approved the final amendments to the Insolvency and Bankruptcy Code (IBC), incorporating recommendations of the Baijayant Panda-led Parliamentary Select Committee. The legislation is expected to be introduced in Parliament, aiming to strengthen India’s corporate insolvency resolution framework. Key …

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02Dec 2025

India’s Insolvency Framework Overhaul 2025

Major Overhaul Planned in India’s Insolvency Framework Why in the News ? The IBC (Amendments) Bill, 2025 is undergoing review by a Lok Sabha committee and proposes major reforms, including faster insolvency admission, group insolvency, cross-border frameworks, and a creditor-led out-of-court process to accelerate corporate resolution. Key Reforms Proposed Under IBC (Amendment) Bill 2025: The …

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31May 2024

FM CREDITS IBC FOR AIDING BANKS IN NPA CRISIS RECOVERY

Why in the news? The Finance Minister cites the RBI report emphasizing IBC’s role in aiding banks to recover from the NPA crisis. IBC served as a crucial mechanism for banks to address stressed assets and facilitate recovery. source:micoope  About the NPA crisis: Non-Performing Assets (NPAs) are loans where payments haven’t been made for 90 …

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19May 2024

CREDITORS ONLY RECEIVED 4% OF CLAIMS UNDER IBC PROCESS

Why in the news? Only 17% of cases under the Insolvency and Bankruptcy Code (IBC) yielded a resolution plan. Post-National Company Law Tribunal (NCLT) admission, the majority of cases were withdrawn. Liquidation for 960 corporate debtors was completed, but creditors realised only 4% of their total admitted claims. source:slideshare About The Insolvency and Bankruptcy Code …

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