Finance Minister (FM) to introduce Insolvency and Bankruptcy Code (IBC) Amendment Bill in March 2026

Key facts

• Finance Minister Nirmala Sitharaman announced the introduction of the Insolvency and Bankruptcy Code (IBC) Amendment Bill during the second half of the Budget session starting 9 March.
• The Bill, which was first introduced in the Lok Sabha on 12 August 2025, incorporates suggestions from a select committee report submitted in December 2025.
• The IBC Amendment Bill 2025 marks the seventh legislative intervention since the Act’s enactment, following the previous amendment in 2021.
• New provisions included in the Bill cover group insolvency processes, cross-border insolvency, and creditor-initiated insolvency processes.
• The government will set up an Integrated Technology Platform to enhance consistency, transparency, and oversight for all stakeholders under the IBC.
• The IBC framework has successfully resolved over 1,000 companies, leading to a direct recovery of more than ₹3.3 lakh crore for creditors.
• Reforms are planned for the National Company Law Tribunal (NCLT) and appellate tribunals to address capacity constraints and speed up resolution timelines.
• The Finance Minister confirmed that the strategic disinvestment of IDBI Bank remains on track.