Budget Session: Lok Sabha Passes IBC Amendment Bill 2025 to Fast-Track Corporate Insolvency Cases
2 months ago
The Lok Sabha passed the IBC Amendment Bill 2025 on March 30, 2026, introducing a mandatory 14-day admission rule and project-wise resolution for real estate. Finance Minister Nirmala Sitharaman stated the Bill aims to cut resolution times to 150 days for small businesses and protect homebuyers' rights to possession. The amendments seek to recover ₹4.11 lakh crore in stuck assets by moving toward a more coordinated, out-of-court resolution framework.
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