The Insolvency and Bankruptcy Code, 2016 (Act 31 of 2016) is India's comprehensive legislation governing insolvency resolution, liquidation, bankruptcy, and reorganization of corporate entities, partnership firms, and individuals. The Code aims to promote time-bound insolvency resolution, maximize asset value, improve credit availability, and balance the interests of stakeholders. This 2026 edition incorporates amendments introduced through the Insolvency and Bankruptcy (Amendment) Act, 2026 and includes the Insolvency and Bankruptcy Code (Removal of Difficulties) Order, 2017. Published as a Bare Act with Comments, the book serves as an authoritative legal reference for understanding insolvency proceedings, creditor rights, corporate restructuring mechanisms, liquidation processes, and bankruptcy law in India.
Key Features
- Complete text of The Insolvency and Bankruptcy Code, 2016 (Act 31 of 2016)
- Updated with the Insolvency and Bankruptcy (Amendment) Act, 2026 (Act 6 of 2026)
- Includes The Insolvency and Bankruptcy Code (Removal of Difficulties) Order, 2017
- Covers statutory provisions relating to insolvency resolution and bankruptcy proceedings
- Provides a consolidated legal framework for corporate insolvency and liquidation
- Useful reference for understanding creditor rights and restructuring mechanisms
- Includes provisions governing insolvency administration and resolution processes
- Published as a Bare Act with Comments
- Updated 2026 edition for legal, professional, and academic use