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FM Introduces IBC Amendment Bill 2025
The Business Guardian
|August 19, 2025
Finance Minister Nirmala Sitharaman on Tuesday introduced the Insolvency and Bankruptcy Code (Amendment) Bill, 2025 in the Lok Sabha, aiming to reduce delays and strengthen governance of the insolvency resolution process.
The Bill, which proposes several structural and procedural changes to the Insolvency and Bankruptcy Code (IBC), 2016, was referred to a Select Committee for wider examination.
The proposed amendments in the bill seek to incorporate new concepts including a Creditor-Initiated Insolvency Resolution Process (CIRP), enabling provisions and measures to enhance efficiency at both resolution and liquidation stages.
Cette histoire est tirée de l'édition August 19, 2025 de The Business Guardian.
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