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        F. Acts / Amendment Acts

        Section 2 - Amendment of section 3.

        Insolvency and Bankruptcy Code (Amendment) Act, 2026

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        Insolvency code definitions clarified for registered valuer, security interest, and service provider coverage under amended section 3. Section 3 of the Insolvency and Bankruptcy Code is amended to insert a definition of registered valuer by reference to the Companies Act, 2013, clarify that security interest exists only when created by agreement or arrangement between two or more parties and not by operation of law, and introduce a definition of service provider covering insolvency professionals, insolvency professional agencies, information utilities, registered valuers, and notified persons registered with the Board.
                        Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                          Provisions expressly mentioned in the judgment/order text.

                              Insolvency code definitions clarified for registered valuer, security interest, and service provider coverage under amended section 3.

                              Section 3 of the Insolvency and Bankruptcy Code is amended to insert a definition of registered valuer by reference to the Companies Act, 2013, clarify that security interest exists only when created by agreement or arrangement between two or more parties and not by operation of law, and introduce a definition of service provider covering insolvency professionals, insolvency professional agencies, information utilities, registered valuers, and notified persons registered with the Board.


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