India’s Insolvency Evolution: From A Fragmented Past To A Creditor-Centric Future

India’s insolvency laws have moved from a complex, debtor-friendly system to a simpler, creditor-focused approach with the Insolvency and Bankruptcy Code (IBC). The 2026 Amendment Act builds on the 2016 IBC to fix problems like delays and misuse, aiming for quicker and more effective resolutions.

The Old Insolvency Regime

Filed under:
India, Insolvency & Restructuring, Litigation, Maheshwari & Co., Insolvency, UNCITRAL, Essar Steel, Insolvency and Bankruptcy Code (India), National Company Law Tribunal, Banks
Authors:
Mahima Rathore
Location:
India
Firm:
Maheshwari & Co.