IBBI extends PGIRP form filing deadline to 30 September 2026
Registered insolvency professionals must file complete, accurate PGIRP forms by 30 September 2026, after which IBBI may levy penalties for delayed submission or modification
IBBI
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IBBI mandates a standard valuation-report format and a new Coordinating Valuer role under the insolvency code
Registered valuers, coordinating valuers and insolvency professionals must prepare IBC valuation reports in the prescribed format and documentation standard, with a new coordinating valuer integrating asset-class values into a single corporate-debtor fair value
IBBI notifies CIRP (Third Amendment) Regulations tightening initiation disclosure, information access and claim timelines
IBBI's CIRP Third Amendment requires fuller initiation disclosure from operational creditors and corporate applicants, empowers the resolution professional to demand records from creditors and authorities, and mandates reasoned claim decisions within seven days
Insolvency and Bankruptcy Board of India notifies Liquidation Process (Fourth Amendment) Regulations, 2026
Liquidators and committees of creditors: key liquidation decisions require CoC approval and liquidator reporting is consolidated, restricting unilateral liquidator actions
IBBI notifies amendment regulations under Insolvency and Bankruptcy Code (Amendment) Act, 2026
Information Utilities, applicants under sections 94/95 and voluntary-liquidation liquidators must meet new filing, disclosure and notification procedures or breach the amended IBBI regulations
IBBI changes pre-pack insolvency valuation calculation
Pre-pack insolvency valuers must use asset-class liquidation estimates as the corporate debtor's liquidation value
MCA brings IBC Amendment Act provisions into force
Insolvency professionals and tribunal users must apply the commenced IBC amendment provisions from 26 May 2026
NCLT approves Morarjee Textiles resolution plan
Morarjee Textiles creditors are bound to the NCLT-approved INR 156 crore resolution plan
IBBI reduces default valuer appointments for MSME insolvency cases
Resolution professionals must appoint one valuer set for MSME corporate debtors unless the committee records reasons for two
IBBI sets July-December panel rules for Insolvency Professionals
Insolvency Professionals must file consent by June 19 for panel inclusion
IBBI adds nominee director to IPA governing boards
Insolvency professional agencies must seat an IBBI nominee director without counting that nominee toward the seven-director minimum