Lok Sabha Passes IBC Amendment Bill 2025: तेज़ समयसीमा, ऋणदाता‑प्रेरित एवं सीमा‑पार दिवालियापन प्रावधान — UPSC Current Affairs | March 30, 2026
Lok Sabha Passes IBC Amendment Bill 2025: तेज़ समयसीमा, ऋणदाता‑प्रेरित एवं सीमा‑पार दिवालियापन प्रावधान
30 मार्च 2026 को, Lok Sabha ने IBC Amendment Bill 2025 पारित किया, जिसमें तेज़ समयसीमा, ऋणदाता‑प्रेरित आउट‑ऑफ़‑कोर्ट समाधान, और सीमा‑पार दिवालियापन प्रावधान शामिल हैं। ये सुधार ऋणदाता अधिकारों को सुदृढ़ करने, मुकदमों को कम करने, और भारत के बैंकिंग सेक्टर को मजबूत करने का लक्ष्य रखते हैं, जिससे IBC आर्थिक स्थिरता के लिए एक महत्वपूर्ण उपकरण बन जाता है।
The Lok Sabha approved the Insolvency and Bankruptcy Code (Amendment) Bill, 2025 on 30 March 2026 , introducing stricter timelines, an out‑of‑court settlement route, and a framework for cross‑border insolvency. Finance Minister Nirmala Sitharaman highlighted that twelve amendments aim to maximise stakeholder value and align India’s insolvency regime with global best practices. Key Developments Replacement of the under‑utilised fast‑track process with a creditor‑initiated insolvency framework featuring out‑of‑court initiation. Introduction of a out‑of‑court settlement mechanism with a compressed 150‑day timeline. Enabling provisions for cross‑border insolvency and group insolvency. Strict timelines: admission of insolvency applications within 14 days , adjudicating authority decision within 30 days , and appeal disposal by NCLAT within 3 months . Penalties ranging from ₹1 lakh to ₹2 crore for frivolous or vexatious petitions. Important Facts The IBC has been amended seven times prior to this Bill. Post‑resolution, companies’ market capitalisation rose from ₹2.8 lakh crore to ₹9 lakh crore within five years. SCBs have recovered ₹1,04,099 crore through various channels, with the IBC channel contributing ₹54,528 crore (52.3%) . Workmen’s dues are now treated on par with secured creditors, ranking above unsecured financial creditors and government dues. UPSC Relevance Understanding the