The Insolvency and Bankruptcy Board of India (IBBI) has released a significant discussion paper focused on enhancing the integrity of the Corporate Insolvency Resolution Process (CIRP). The paper puts forth important regulatory proposals such as: => Formalizing the Committee of Creditors’ (CoC) deliberations and responsibilities around Section 29A eligibility, thereby strengthening collective due diligence and […]
The Insolvency and Bankruptcy Code (Amendment) Bill, 2025, proposes the most comprehensive overhaul since the IBC’s inception. Key changes include: ✅ Creditor-Initiated Out-of-Court Insolvency (CIIRP) – faster, NCLT-free resolution for qualifying debtors. ✅ Group & Cross-Border Insolvency – aligning India with global best practices, enabling coordinated resolutions and UNCITRAL-style recognition. ✅ Tighter Timelines & Limited […]
By Mr. Sanjeev Pandey, CEO, AIPE Introduction Imagine you’re building a big project, like a new highway, a power plant, or a housing complex. These projects need a lot of money, often borrowed from banks or financial institutions. To make sure this lending is done responsibly, the Reserve Bank of India (RBI) has introduced new […]
The court’s decision highlights that persistent inclusion of debt in audited balance sheets from FY 2015-16 to FY 2022-23 serves as a valid acknowledgment under Section 18, resetting the limitation clock as established in previous Supreme Court rulings. Key principles from the Supreme Court’s Bishal Jaiswal case underscore that a clear and conscious admission of […]