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Searched Tag: insolvency and bankruptcy code
LS passes insolvency law amendments, FM pilots bill as 'vital'

LS passes insolvency law amendments, FM pilots bill as 'vital'

March 30, 2026, 04:21 PM - 3 min read

Piloting the bill in the Lok Sabha, Finance and Corporate Affairs Minister Nirmala Sitharaman said that 12 amendments are being made in the Insolvency and Bankruptcy Code (IBC), which came into force in 2016, that would help maximise the value for stakeholders and improve the governing process itself.

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Minister reveals IBC resolved 28,818 cases before admission.

Government highlights IBC success with ₹10 lakh cr resolve

March 17, 2025, 04:30 PM - 4 min read

The Insolvency and Bankruptcy Code (IBC) has played a crucial role in resolving financial distress in India, with significant progress made since its introduction in 2016.

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