{"id":5550,"date":"2026-04-22T06:18:05","date_gmt":"2026-04-22T06:18:05","guid":{"rendered":"https:\/\/bhatiabhola.com\/?p=5550"},"modified":"2026-04-22T06:18:06","modified_gmt":"2026-04-22T06:18:06","slug":"ibbi-discussion-paper-dated-15-04-2026-proposes-amendments-to-ibbi-insolvency-resolution-process-for-personal-guarantors-to-corporate-debtors-regulations","status":"publish","type":"post","link":"https:\/\/bhatiabhola.com\/index.php\/blog\/2026\/04\/22\/ibbi-discussion-paper-dated-15-04-2026-proposes-amendments-to-ibbi-insolvency-resolution-process-for-personal-guarantors-to-corporate-debtors-regulations\/","title":{"rendered":"IBBI Discussion Paper Dated 15\/04\/2026 &#8211; Proposes Amendments to IBBI Insolvency Resolution Process for Personal Guarantors to Corporate Debtors Regulations\u00a0"},"content":{"rendered":"\n<p>The key proposals include removal of interim moratorium, extension of timelines for examination, mandatory creditor meetings, and consequences for non-submission of repayment plans. The proposals introduces mandatory coordination between resolution professionals or bankruptcy trustees of personal guarantors and corporate debtors for asset transfers under section 28A, subject to creditor approval and disclosure requirements. These also mandate comprehensive disclosure of all assets of personal guarantors, including direct, indirect, and beneficial interests.<\/p>\n\n\n\n<p><a href=\"https:\/\/ibbi.gov.in\/uploads\/whatsnew\/3d25986d2762f22d9ba3ebcd0827e0c9.pdf\"><em>(Link: IBBI Discussion Paper Dated 15\/04\/2026)<\/em><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The key proposals include removal of interim moratorium, extension of timelines for examination, mandatory creditor meetings, and consequences for non-submission [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"enabled":false},"version":2}},"categories":[66,103],"tags":[],"class_list":["post-5550","post","type-post","status-publish","format-standard","hentry","category-ibbi","category-ibbi-public-comments"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>IBBI Discussion Paper Dated 15\/04\/2026 - Proposes Amendments to IBBI Insolvency Resolution Process for Personal Guarantors to Corporate Debtors Regulations\u00a0 - Bhatia Bhola &amp; Associates LLP<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bhatiabhola.com\/index.php\/blog\/2026\/04\/22\/ibbi-discussion-paper-dated-15-04-2026-proposes-amendments-to-ibbi-insolvency-resolution-process-for-personal-guarantors-to-corporate-debtors-regulations\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IBBI Discussion Paper Dated 15\/04\/2026 - Proposes Amendments to IBBI Insolvency Resolution Process for Personal Guarantors to Corporate Debtors Regulations\u00a0 - Bhatia Bhola &amp; Associates LLP\" \/>\n<meta property=\"og:description\" content=\"The key proposals include removal of interim moratorium, extension of timelines for examination, mandatory creditor meetings, and consequences for non-submission [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/bhatiabhola.com\/index.php\/blog\/2026\/04\/22\/ibbi-discussion-paper-dated-15-04-2026-proposes-amendments-to-ibbi-insolvency-resolution-process-for-personal-guarantors-to-corporate-debtors-regulations\/\" \/>\n<meta property=\"og:site_name\" content=\"Bhatia Bhola &amp; 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