Particle.news
Download on the App Store

Select Committee Opens Two-Week Public Call on IBC Amendment Bill, 2025

The consultation seeks stakeholder evidence to guide targeted improvements to India’s insolvency framework.

Overview

  • The Lok Sabha Secretariat announced the invitation for written inputs on October 21, launching a two-week window for submissions.
  • The 24-member panel, chaired by MP Baijayant Panda, is reviewing the amendment bill to prepare recommendations after examining evidence.
  • Memoranda must be submitted in two copies in English or Hindi to the Director, SCIBC, Room No. 439, Parliament House Annexe, New Delhi – 110001, or by email to scibc-cell@lss.sansad.in.
  • For queries, the Secretariat listed telephone contacts 23034439 and 23034999.
  • Stakeholders are weighing proposals flagged in coverage such as time-bound NCLT admission of creditor applications, creditor-initiated resolution, and frameworks for group and cross-border insolvency.