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The Times of India - Business - News Image
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BusinessMar 31, 2026 03:39 AM

IBC amendments to speed up resolutions, boost stakeholder value, says Finance Minister

NEW DELHI: Finance minister Nirmala Sitharaman said amendments to the Insolvency & Bankruptcy Code (IBC) will help maximise value for stakeholders as the Lok Sabha passed the bill on Monday.She said the 12th Amendment seeks to strengthen the existing insolvency framework, as well as address practical challenges, and incorporate evolving global best practices. She added that the law has been a major factor in improving the health of the country's banking sector.Citing extensive litigation by prom ...Read More >

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