Don't want to miss the best from Business Standard?
Wednesday, December 03, 2025 | 10:08 AM ISTहिंदी में पढें
Parliamentary panel to review IBC and propose reforms for efficiency
The Centre is expected to table an amendment Bill in the monsoon session as a parliamentary panel examines the Code amid concerns flagged by the Supreme Court
 "IBC, Insolvency and Bankruptcy Code")
premium
The court noted gross noncompliance of the mandatory provisions of the IBC and the Regulations and a dishonest and fraudulent attempt made by JSW, misusing the process of the court by not making the upfront payments as committed by it for about two a
A parliamentary panel is taking a comprehensive look at the Insolvency and Bankruptcy Code (IBC) to suggest the changes and measures that need to be taken to make it more efficient, a senior government official said.
‘The committee is looking at IBC in totality, just as they did with the Competition Law as well,’ the senior official said.
The government is expected to bring the IBC Amendment Bill in Parliament in the upcoming monsoon session.
Several Supreme Court rulings in the recent past have pointed to gaps in the implementation of the IBC, the latest being the Bhushan Power and
Topics : IBC Parliament Insolvency and Bankruptcy Code
