<h1>IBBI amends Corporate Insolvency Resolution Process Regulations requiring mandatory disclosure of avoidance transactions in Information Memorandums</h1> The Insolvency and Bankruptcy Board of India amended the Corporate Insolvency Resolution Process Regulations effective July 4, 2025. Key changes include mandatory disclosure of avoidance transactions and fraudulent trading in Information Memorandums by Resolution Professionals, with periodic updates to creditor committees. Resolution plans cannot assign such transactions unless previously disclosed and communicated to all applicants before submission deadlines. The amendments strengthen transparency and accountability in corporate insolvency proceedings, facilitating informed decision-making and better asset value maximization for corporate debtors.