IBC (Amendment) Bill, 2025: Key Recommendations of the Select Committee
– Neha Malu, Associate | resolution@vinodkothari.com
In a major overhaul of the IBC, 2016, the IBC (Amendment) Bill, 2025 proposed a set of far reaching changes, introducing several strategic initiatives aimed at addressing structural bottlenecks, strengthening creditor protection and improving the efficiency of the insolvency resolution framework [Read our detailed article on the Amendment Bill here]. The Bill was referred to a Select Committee of Parliament for review, which examined the proposed amendments in detail and made recommendations on several provisions. Below we discuss the key changes suggested by the Select Committee in its Report on the proposals in the Bill:
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