Centre to reform insolvency code with ₹2 lakh crore assistance
pre-market1 source ↓written by the desknot a recommendation
- assistance package
- ₹2 lakh crore
- introduction expected
- 9 March 2025
The government plans a structural overhaul of the Insolvency and Bankruptcy Code (IBC) alongside a ₹2 lakh crore assistance package for states. The proposed Insolvency and Bankruptcy Code (Amendment) Bill, 2025 aims to enhance creditor empowerment and reduce resolution timelines, with introduction expected on 9 March 2025. These reforms may improve market sentiment and attract investments.
Not investment advice. For informational purposes only.