Finance Minister proposes IBC amendment for faster resolutions
after close1 source ↓written by the desknot a recommendation
- from April
- 764 days
Finance Minister Nirmala Sitharaman introduced a bill in the Lok Sabha to amend the Insolvency and Bankruptcy Code. The proposed changes aim to establish a creditor-initiated framework and facilitate quicker resolutions for cross-border and corporate group insolvencies. The average resolution time has increased to 764 days from April to December 2025, highlighting the need for these reforms.
Not investment advice. For informational purposes only.