IBBI shortens key liquidation timelines under amended regulations
01 Jun, 2026
IBBI shortens key liquidation timelines under amended regulations
Unit 5 — Mathematical Reasoning and AptitudeUnit 10 — Higher Education System
What Happened?
The Insolvency and Bankruptcy Board of India notified the Fourth Amendment to the Liquidation Process Regulations, 2026. The changes specify areas where the Committee of Creditors must supervise the liquidator and reduce the overall liquidation timeline from one year to 180 days; distribution of realised proceeds was also shortened from 90 days to 15 days.
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