Government to introduce Insolvency Code Amendment Bill in March
pre-market1 source ↓written by the desknot a recommendation
- Budget session starting
- 9 March 2025
The government plans to table the Insolvency and Bankruptcy Code (Amendment) Bill, 2025 in the second half of the Budget session starting 9 March 2025. This amendment aims to enhance the timeliness and effectiveness of insolvency proceedings, aligning India's framework with global standards. The parliamentary committee's recommendations will be incorporated into the bill, potentially impacting corporate restructuring strategies.
Not investment advice. For informational purposes only.