🌟 **AIPE Newsletter Highlights (Aug 4 – 20, 2025, Issue 6)** 🌟
The Insolvency and Bankruptcy Code (Amendment) Bill, 2025, introduced by Finance Minister Nirmala Sitharaman on August 12, aims to revolutionize India’s insolvency framework. Key features include a 14-day admission mandate, a new 150-day Creditor-Initiated Insolvency Resolution Process (CIIRP) with 51% creditor consent, coordinated group insolvency, and a cross-border framework to boost investor confidence. Corporate trends show a 28% drop in cases (FY2025), but CIRP delays average 724 days. Notable cases: Jaypee Cement invites revival bids, Omkar Speciality Chemicals approves a Rs 25.65 crore plan, and Bhushan Power’s liquidation recall is under Supreme Court review (Aug 11). Globally, Forever 21 filed for Chapter 11 again, citing retail sector challenges.
📅 **AIPE Conclave 2025** is set for August 29, 5:10 PM IST, at the India International Centre, New Delhi! Join insolvency experts for high-powered discussions on IBC Amendments 2025. Featured speakers: Shri Sumant Batra, renowned insolvency lawyer and NLUD professor, and Smt. Anita Shah Akella, IPEFA CEO, who shaped the Amendment Bill. Register now: [https://lnkd.in/g2hJaz_h]
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