{"id":5565,"date":"2026-04-22T06:25:50","date_gmt":"2026-04-22T06:25:50","guid":{"rendered":"https:\/\/bhatiabhola.com\/?p=5565"},"modified":"2026-04-22T06:25:51","modified_gmt":"2026-04-22T06:25:51","slug":"ibbi-discussion-paper-dated-15-04-2026-proposes-amendments-to-ibbi-liquidation-process-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-liquidation-process-regulations\/","title":{"rendered":"IBBI Discussion Paper Dated 15\/04\/2026 &#8211; Proposes Amendments to IBBI Liquidation Process Regulations\u00a0"},"content":{"rendered":"\n<p>The proposals shift the framework from a Stakeholders\u2019 Consultation Committee to a Committee of Creditors (CoC), granting it supervisory authority, approval powers, and the ability to replace the liquidator. A strict 180-day timeline for liquidation is introduced, along with streamlined claim verification by carrying forward CIRP claims. The liquidator fee structure is rationalised, reporting requirements are simplified, and key decisions require CoC approval. The provisions also deals with asset sales, guarantor asset transfers, and treatment of unremitted statutory dues as trust assets excluded from the liquidation estate.\u00a0<\/p>\n\n\n\n<p><a href=\"https:\/\/ibbi.gov.in\/uploads\/whatsnew\/323133d2f45c22777dfba9a05a45fc6a.pdf\"><em>(Link: IBBI Discussion Paper Dated 15\/04\/2026)<\/em><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The proposals shift the framework from a Stakeholders\u2019 Consultation Committee to a Committee of Creditors (CoC), granting it supervisory authority, [&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-5565","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 Liquidation Process 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-liquidation-process-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 Liquidation Process Regulations\u00a0 - Bhatia Bhola &amp; Associates LLP\" \/>\n<meta property=\"og:description\" content=\"The proposals shift the framework from a Stakeholders\u2019 Consultation Committee to a Committee of Creditors (CoC), granting it supervisory authority, [&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-liquidation-process-regulations\/\" \/>\n<meta property=\"og:site_name\" content=\"Bhatia Bhola &amp; 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