HomeNewsOpinionIBC Amendment Bill brings in essential reform to speed up insolvency resolution

IBC Amendment Bill brings in essential reform to speed up insolvency resolution

The underlying principle of IBC is that quick resolutions are more likely to preserve value in firms going through an insolvency process. The track record, however, is of timelines being breached frequently. The amendment bill tries to find a solution to delays and simultaneously empower creditors

Abhishek Mukherjee

August 15, 2025 / 09:51 IST

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The proposed changes should lead to more predictable timelines for stakeholders

Abhishek Mukherjee

first published: Aug 15, 2025 09:45 am

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IBC Amendment Bill brings in essential reform to speed up insolvency resolution

The underlying principle of IBC is that quick resolutions are more likely to preserve value in firms going through an insolvency process. The track record, however, is of timelines being breached frequently. The amendment bill tries to find a solution to delays and simultaneously empower creditors

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