<h1>India Introduces Fast Track Insolvency Resolution for Small Companies and Startups, Aiming for 90-Day Completion.</h1> The Insolvency and Bankruptcy Board of India has issued regulations for a Fast Track Insolvency Resolution Process under the Insolvency and Bankruptcy Code, 2016. This process applies to specific corporate debtors, including small companies, startups, and certain unlisted companies, and aims to resolve insolvency within 90 days, extendable by up to 45 days. Creditors or corporate debtors can initiate this process by filing an application with proof of default. If deemed unsuitable for fast track, the process can be converted to a standard insolvency resolution. The regulations are detailed on government websites.