Search: liquidation
4stories
October 2026
-
InsolvencyIBBI releases “Shaping the Next Decade of IBC: The Road Ahead” — 19 research papers, from crypto insolvency to group insolvency
19 papers on IBC’s next decadeNew facilityThe Insolvency and Bankruptcy Board of India has published its 2026 research volume, a collection of 19 papers by outside authors. The preface records the Code’s ten-year numbers till June 2026: 4,227 distressed entities rescued, 3,074 liquidation orders and over ₹4.35 lakh crore realised for creditors through resolution.
September 2026
-
InsolvencyIBBI starts charging ₹500 a month for late liquidation forms due on or before 30 September 2026
₹500 a monthAction neededBy Circular IBBI/LIQ/107/2026, each liquidation form that was due on or before 30 September 2026 and is submitted after its due date must carry a fee of ₹500 plus GST for every month of delay.
-
InsolvencyLiquidation: liquidator may modify the list of stakeholders on new information and intimate the Adjudicating Authority within 30 days — IBBI Fifth Amendment Regulations, 2026
Intimate the AA within 30 daysRule changeIBBI has amended regulation 31 of the Liquidation Process Regulations, 2016. Sub-regulations (3) and (4) are replaced by a single sub-regulation (3): the liquidator may modify an entry in the list of stakeholders when he comes across additional information warranting it, and shall intimate the Adjudicating Authority within thirty days of the modification. The amendment is in force from its publication in the Official Gazette.
-
InsolvencyIBBI lists six red flags of IBC misuse; insolvency professionals must apply to the Adjudicating Authority where the process serves a fraudulent purpose — Circular 105
Six red flags for IPsClarifiedIBBI says it has information from law enforcement and regulatory agencies that the IBC framework is, in certain cases, being misused for purposes other than insolvency resolution or liquidation. Circular No. IBBI/CIRP/105/2026 dated 9 September 2026 gives insolvency professionals six illustrative indicators to watch for and requires an application to the Adjudicating Authority where, on reasonable grounds, the process appears to serve a fraudulent or malicious purpose.
The morning brief
One email each working morning with the day’s tax, GST and company-law news. It is starting soon; leave your address and it comes to you from day one.