insolvency

The IBC Amendment Act, 2026 and Cross-Border Insolvency: Promise, Gaps and the Work Ahead

Published On: July 16, 2026 Authored By: Jasaswini Tripathy SOA National Institute of Law   Abstract The Insolvency and Bankruptcy Code (Amendment) Act, 2026 represents a key moment in India’s efforts to reform insolvency law. A significant change is the insertion of Section 240C, which empowers the Central Government to frame rules for cross-border insolvency […]

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Close-up of a typewriter with the word 'BANKRUPTCY' on paper, surrounded by greenery.

IBC Amendment Act 2026

Published On: July 13, 2026 Authored By: Sakshi Singh National Law University Delhi Abstract The 2026 amendment to the Insolvency and Bankruptcy Code represents a significant step forward for India’s insolvency system. This legislation was enacted to address persistent shortcomings of the Insolvency and Bankruptcy Code of 2016, including procedural delays, non-compliance with statutory timelines,

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Recent Amendments in IBC: A Critical Analysis

Published On: June 3rd 2026 Authored By: Pramiti Kothawade ILS Law College I. Introduction India’s insolvency process has undergone a transformative shift towards a more structured and market-oriented system. Nearly a decade after the Insolvency and Bankruptcy Code, 2016 (“IBC”) came into force, the Insolvency and Bankruptcy Code (Amendment) Bill, 2026 was introduced in Lok

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Case Summary: Vidarbha Industries Power Limited v. Axis Bank Limited

Published On: May 7th 2026 Authored By: Abhishek Dubey Lucknow Law College I. Case Details Full Case Name: Vidarbha Industries Power Limited v. Axis Bank Limited Citation: (2022) 8 SCC 352; Civil Appeal No. 4633 of 2021 Court: Supreme Court of India Bench: Justice Indira Banerjee and Justice J.K. Maheshwari (Division Bench) Date of Judgment:

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Close-up of a typewriter with the word 'BANKRUPTCY' on paper, surrounded by greenery.

CIIRP: A New Insolvency Bill in India

Published On: 20 April, 2026 Authored By: Akshay Devdatta Malvankar University of Mumbai Abstract Companies facing financial distress and allegations of insolvency are governed by the Insolvency and Bankruptcy Code, 2016.[1] When a person’s or company’s liabilities exceed its assets and it becomes unable to pay its debts, it is termed insolvent. When a court

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