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ARTICLE · 06 APRIL 2026

The Insolvency And Bankruptcy Code (Amendment) Act, 2026

Mansukhlal Hiralal & Company
Mansukhlal Hiralal & Company
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Mansukhlal Hiralal & Company

Mansukhlal Hiralal & Company

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India's Insolvency and Bankruptcy Code undergoes significant reform through the 2026 Amendment Act, introducing stricter timelines, enhanced creditor oversight, and frameworks for group and cross-border insolvency. The amendments address persistent challenges in resolution efficiency, withdrawal restrictions, and fraudulent transaction scrutiny while aligning with international best practices to strengthen investor confidence.

IndiaInsolvency/Bankruptcy/Re-Structuring
Akash Jain
Akash Jain
Sanjana Salvi
Sanjana Salvi
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The Lok Sabha on 12 August 2025 had introduced the Insolvency and Bankruptcy (Amendment) Bill, 2025 which signified a crucial advancement in India's continuous endeavour to fortify its insolvency and restructuring ecosystem. The Bill was introduced in response to both practical insights gained since the original enactment of the Insolvency and Bankruptcy Code, 2016 (IBC) and the evolution of international best practices, the IBC Amendment Bill 2025 is intended to address longstanding challenges and close critical loopholes that have affected the efficiency, fairness and predictability of the Insolvency and Bankruptcy Code, 2016 (“IBC”). On 6th April 2026 the Insolvency and Bankruptcy (Amendment) Act, 2026 came into force thereby implementing the amendment bill.

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