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IBC Updates

IBC Update
IBC 2 April 2026
IBBI Update - Valuation Standards for the purpose of valuation conducted under the Insolvency and Bankruptcy Code, 2016.

The Insolvency and Bankruptcy Board of India (IBBI) has issued a circular notifying the adoption of International Valuation Standards (IVS) for all valuations conducted under the Insolvency and Bankruptcy Code, 2016 (IBC…

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IBC Update
IBC 9 March 2026
IBBI Update - Filing of Forms to monitor insolvency resolution processes for Personal Guarantors to Corporate Debtors under the Insolvency and Bankruptcy Code, 2016, and the regulations made thereunder.

The Insolvency and Bankruptcy Board of India (IBBI), vide Circular dated 06 March 2026, has introduced electronic forms for monitoring the Insolvency Resolution Process for Personal Guarantors to Corporate Debtors (PGIRP…

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IBC Update
IBC 26 February 2026
IBBI Update - Insolvency and Bankruptcy Board of India (Bankruptcy Process for Personal Guarantors to Corporate Debtors) (Amendment) Regulations, 2026

Please find the following update under IBBI Regulations Insolvency and Bankruptcy Board of India (Bankruptcy Process for Personal Guarantors to Corporate Debtors) Regulations, 2019. Insolvency and Bankruptcy Board o…

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IBC Update
IBC 26 February 2026
IBBI Update - Insolvency and Bankruptcy Board of India (Pre-Packaged Insolvency Resolution Process) (Amendment) Regulations, 2026

Please find the following update under IBBI Regulations Insolvency and Bankruptcy Board of India (Pre-packaged Insolvency Resolution Process) Regulations, 2021 Insolvency and Bankruptcy Board of India (Pre-Packaged …

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IBC Update
IBC 26 February 2026
IBBI Update - Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) (Amendment) Regulations, 2026.

Please find the following update under IBBI The IBBI (Voluntary Liquidation Process) (Amendment) Regulations, 2026 come into force on the date of publication in the Official Gazette. These regulations amend Regulation 3 …

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IBC Update
IBC 26 February 2026
IBBI Update- Insolvency and Bankruptcy Board of India (Liquidation Process) (Second Amendment) Regulations, 2026

Please find the following update under IBBI Regulations Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016. Insolvency and Bankruptcy Board of India (Liquidation Process) (Second Amendm…

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IBC Update
IBC 26 February 2026
IBBI Update - Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Amendment) Regulations, 2026.

Please find the following update under IBBI Regulations Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016. Insolvency and Bankruptcy Board of …

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IBC Update
IBC 30 December 2025
IBBI Update - Format for “Statement of Beneficial Ownership” and Affidavit under Regulation 38(3A) of the CIRP Regulations

The Insolvency and Bankruptcy Board of India, vide Circular dated 29 December 2025, has prescribed mandatory formats for the Statement of Beneficial Ownership and an Affidavit on eligibility under section 32A to be inclu…

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IBC Update
IBC 22 December 2025
IBBI Update - Introduction of Modification Utility & Commencement of levy of fee for delayed filing of Forms under Regulation 40B of the CIRP Regulations

The Insolvency and Bankruptcy Board of India (IBBI) has introduced a Modification Utility on its electronic portal, enabling Insolvency Professionals (IPs) to modify CIRP forms already submitted, to rectify errors or omi…

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IBC Update
IBC 19 November 2025
IBBI Update - Strengthening due diligence under Section 29A- reg

The Insolvency and Bankruptcy Board of India has directed Resolution Professionals (RPs) to strengthen due diligence pertaining to Section 29A of the Insolvency and Bankruptcy Code, 2016, which governs the eligibility of…

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