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ARTICLE · 01 DECEMBER 2025

Analysis Of The Insolvency And Bankruptcy Code (Amendment) Bill, 2025

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The Insolvency and Bankruptcy Code, 2016 ("Code") was enacted in 2016 to unify India's fragmented insolvency framework to ensure a time-bound Corporate Insolvency Resolution Process ("CIRP").

IndiaInsolvency/Bankruptcy/Re-Structuring
Ishwar Ahuja
Ishwar Ahuja
Veera Mathai
Veera Mathai
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The Insolvency and Bankruptcy Code, 2016 ("Code") was enacted in 2016 to unify India's fragmented insolvency framework to ensure a time-bound Corporate Insolvency Resolution Process ("CIRP"). The jurisprudence of the Code since its enactment has been continuously evolving through frequent landmark judgments and regulatory amendment to address the procedural bottlenecks and lacunas in the practical application of the Code.

The Lok Sabha on 12 August 2025 introduced the, Insolvency and Bankruptcy Code Amendment Bill, 2025 ("Bill"), which is the most comprehensive and substantial reform proposed since the enactment of the Code in 2016.

I. KEY AMENDMENTS AND THEIR IMPLICATIONS

  1. Stricter Enforcement of Statutory Timelines and Removal for Judicial Discretion

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