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Bankruptcy regulator revises rules to ease unfreezing assets

November 06, 2025

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Mint Bangalore

India‘s bankruptcy regulator has stepped in to break a gridlock between insolvency and money-laundering laws that has often stalled revival of companies.

- Gireesh Chandra Prasad gireesh.p@livemint.com

Bankruptcy regulator revises rules to ease unfreezing assets

RPs will need to approach courts handling PMLA cases to unfreeze attached assets. MINT

The Insolvency and Bankruptcy Board of India (IBBI) has offered guidance on how administrators of bankrupt firms could go about reviving the company when its assets are attached by the Directorate of Enforcement (ED) for financial crimes.

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