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Insolvency and Bankruptcy Code Amendment Bill 2026
April 5 , 2026
15 hrs 0 min
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- The Parliament of India passed the Insolvency and Bankruptcy Code Amendment Bill, 2026.
- The Bill amends the Insolvency and Bankruptcy Code 2016 to reduce delays and improve resolution processes.
- It aims to strengthen the insolvency framework to revive stressed companies and preserve business value.
- A key change increases the look-back period for transactions to two years before insolvency filing.
- The Committee of Creditors must now record reasons for selecting resolution applicants to improve transparency.
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