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No final decision on change in IBC
Financial Express Kolkata
|July 29, 2025
Delay Could Have Been Avoided
A FINAL DECISION on the changes to be made to the Insolvency and Bankruptcy Code (IBC) is yet to be taken, the government told Parliament on Monday, confirming that the relevant Bill would not be taken up for consideration in the ongoing monsoon session.
In a written reply, the minister of state for corporate affairs Harsh Malhotra said that the ministry had invited suggestions on a discussion paper released in January 2023 from the public to further strengthen the functioning of the IBC, 2016, but a final decision has not been taken on the changes that would likely be introduced.
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