Newsletter/Booklets 27th Feb 2024

Important Amendments under IBC: 2023 & 2024

Authors

Mukesh Chand Senior Counsel | Mumbai

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As part of the series covering the key developments in sphere of insolvency in India during 2023 and early 2024, we present this comprehensive compilation detailing the noteworthy amendments introduced by the Insolvency and Bankruptcy Board of India (IBBI) in regulations under the provisions of the Insolvency and Bankruptcy Code, 2016, in the year 2023. These amendments address a broad spectrum of issues spanning corporate insolvency, personal insolvency, liquidation processes, and voluntary liquidation processes.  These amendments have also introduced an array of changes, ranging from the refinement of timelines for filing and acceptance of claims to intricacies in valuation and evaluation methodologies.

Read the detailed update here