2026 CE · law constitution governance
Insolvency and Bankruptcy Code (Amendment) Act, 2026 Is Enacted
On 6 April 2026, the President assented to the Insolvency and Bankruptcy Code (Amendment) Act, 2026, a wide-ranging revision of the 2016 Code. The legislation created frameworks for creditor-initiated and group insolvency, authorised rules for cross-border insolvency and an electronic insolvency portal, and revised corporate resolution, liquidation, avoidance-transaction, personal-guarantor and regulatory provisions. The Act provided for staged commencement by government notification, with implementing notifications and IBBI regulations following during 2026.

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