Proposed Amendments to the IBC: Positive Changes on the Horizon

This is the second in a two-part series article providing suggestions with respect to the recent discussion paper published by the MCA on 18 January 2023, proposing several major amendments to the IBC Code, 2016.

MCA’s recent discussion paper has proposed significant amendments to address several nagging issues in the working of the IBC. In the first part of this series, we highlighted some proposals that required a closer look. This piece discusses positive suggestions that could substantially improve the insolvency regime and enhance its efficiency.

Filed under:
India, Insolvency & Restructuring, Litigation, Trilegal, Securities and Exchange Board of India, Supreme Court of India, National Company Law Tribunal
Authors:
Ashish Bhan , Lisa Mishra
Location:
India
Firm:
Trilegal
Proposed amendments to the IBC: Need for a closer look?

This is the first in a two-part series article analysing the recent discussion paper published by the Ministry of Corporate Affairs on 18 January 2023, proposing several major amendments to the IBC Code, 2016.

Filed under:
India, Insolvency & Restructuring, Trilegal, National Company Law Tribunal
Authors:
Ashish Bhan , Lisa Mishra
Location:
India
Firm:
Trilegal