Introduction
The enactment of the Insolvency and Bankruptcy Code (Amendment) Act, 2026 marks another major step in the evolution of India’s insolvency regime. Published in the Gazette of India on 6 April 2026, the amendment introduces extensive reforms to the Insolvency and Bankruptcy Code, 2016.
The objective of the amendment is improving efficiency, reducing delays, strengthening creditor participation, enhancing liquidation oversight, and introducing a completely new creditor-driven insolvency mechanism.
Since the introduction of the Insolvency and Bankruptcy Code in 2016, the insolvency ecosystem in India has undergone continuous transformation through judicial interpretation, regulatory changes, and legislative amendments.
