The Insolvency And Bankruptcy Code (Amendment) Bill, 2025: A Timely Overhaul

Senior Partner, Harish Kumar and Associate, Ishita Chawla have recently authored an article titled, ‘The Insolvency And Bankruptcy Code (Amendment) Bill, 2025: A Timely Overhaul’.

The recently introduced Insolvency and Bankruptcy Code (Amendment) Bill, 2025 represents one of the most comprehensive overhauls of India’s insolvency framework since the IBC’s inception. From introducing a new Creditor-Initiated Insolvency Resolution Process (CIIRP) to enabling group and cross-border insolvency frameworks, the Bill aims to make resolutions more efficient, transparent, and aligned with global best practices.

This insightful article breaks down the Bill’s key proposals, examines their practical impact, and discusses how these reforms could reshape India’s insolvency ecosystem for the decade ahead.

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