The Insolvency and Bankruptcy Code (IBC) has steadily evolved as India’s primary mechanism for debt resolution. The Act and its regulations have been frequently amended, demonstrating its agility. While many earlier amendments gave the impression of patchwork fixes, the 2025 Amendment Bill is widely seen as a comprehensive and coherent overhaul that addresses some of the most pressing issues in India’s insolvency landscape.

Promoters: Valuable Yet Adversarial

The position of promoters and management remains crucial in value maximization. The knowledge and information of the business held by them is invaluable in the resolution process. However, many promoters are juxtaposed against the spirit of cooperation, taking an adversarial stance, resisting the process through aggressive litigatio

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