IBBI Notifies Amendments To Simplify Corporate Insolvency Procedures

IBBI Notifies Amendments To Simplify Corporate Insolvency Procedures

The Insolvency Resolution Process for Corporate Persons Fourth Amendment regulations, 2025, were notified by the Insolvency and Bankruptcy Board of India on May 26, according to a recent release.These amendments to the corporate insolvency regulations are designed to streamline procedures, safeguard the interests of creditors, and foster increased investor involvement in resolution processes.A key change introduced allows resolution professional…

IBBI notifies amendments to streamline corporate insolvency process

New Delhi, Jun 2 (PTI) The IBBI has notified amendments to the regulations governing corporate insolvency, aiming to streamline procedures, protect creditor interests, and encourage greater investor participation in resolution processes. The Insolvency and Bankruptcy Board of India (IBBI) notified the Insolvency Resolution Process for Corporate Persons Fourth Amendment regulations, 2025 on May 26, according to a release. Among the significant ch…

IBBI Update - Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Fourth Amendment) Regulations, 2025 - Mehta & Mehta

Facilitating part-wise resolution of Corporate Debtor: The resolution professional, with the approval of the CoC, can invite expression of interest for submission of resolution plans for the corporate debtor as a whole, or for sale of one or more of assets of the corporate debtor, or for both. By enabling concurrent invitations, the resolution process can reduce timelines, prevent value erosion in viable segments, and encourage broader investor …

Bankruptcy law to be introduced to boost business activities in Pakistan

Special Assistant to the Prime Minister on Industries and Production, Haroon Akhtar Khan has confirmed the decision. To revive closed industrial units and enhance business activity in the country, the Ministry of Industries and Production is finalizing an industrial support package. Haroon Akhtar Khan, the Special Assistant to the Prime Minister for Industries and Production confirmed this development. He stated that for the first time in Pakist…