IGI Logo

Below the Quote on Insolvency and Bankruptcy Code (Amendment) Bill 2025 by Saloni Kothari, Group General Counsel, BDO India

"The long awaited and overdue IBC Amendment Bill, 2025 has infused life into India’s insolvency code and it is working by introducing fantastic amendments to lead to a faster, fairer, and more transparent process. Strict timelines for decisions by the tribunals and stakeholders, creditor empowerment with a new fast-track creditor-initiated process, and overall limits on case withdrawals to protect process integrity are a welcome move.

It ensures fair payouts for all creditors, allows revival of resolution before liquidation, and gives creditors more oversight of liquidators. The Bill also strengthens action against fraudulent transactions, safeguards government licences linked to approved plans, and clarifies key legal definitions, making India’s insolvency framework more predictable and investor-friendly. It also brings in the eagerly awaited cross border framework back in the fray."

Above views are of the author and not of the website kindly read disclaimer