IBBI Notifications

The several provisions of the Insolvency and Bankruptcy Code (Amendment) Act 2026 will come into force from 26th May 2026. The […]

 The amendments streamline the appointment and functioning of registered valuers. Under revised Regulation 38, the resolution professional must appoint a

The amendment introduces a special valuation framework for corporate debtors classified as MSME. The liquidator is required to appoint one

The amendment introduces a simplified valuation mechanism for corporate debtors classified MSMEs. The resolution professional is required to appoint one

The amendments introduce the concept of a nominee director to be appointed by the Board. It also tighten eligibility criteria

The IBC Amendment Act clarifies key definitions such as ‘security interest’, ‘service provider’, and ‘avoidance transaction’, and expands the scope

The amendment revises the definition of ‘fair value’ to clarify that it represents the estimated realizable value of the corporate

The notification inserts a new regulation 30(5), which mandates that a registered valuer shall prepare the valuation report and maintain

The notification revises the definition of ‘fair value’ to mean the estimated realizable value of the corporate debtor or its

The notification modifies Regulation 3(1)(b) by inserting an explanation, which clarifies that a registered valuer shall prepare the valuation report