https://www.taxtmi.com/news?id=72085 Amendments to the Insolvency and Bankruptcy Code were passed to accelerate insolvency resolution, reduce case backlog, and strengthen the financial ecosystem. The changes focus on shortening the time taken for admission of insolvency resolution applications and improving the efficiency of the resolution framework. The government accepted all recommendations made by the Lok Sabha Select Committee and added one further recommendation from the Ministry of Corporate Affairs. en-us Wed, 01 Apr 2026 18:46:04 +0530 Wed, 01 Apr 2026 18:46:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=72085 Amendments to the Insolvency and Bankruptcy Code were passed to accelerate insolvency resolution, reduce case backlog, and strengthen the financial ecosystem. The changes focus on shortening the time taken for admission of insolvency resolution applications and improving the efficiency of the resolution framework. The government accepted all recommendations made by the Lok Sabha Select Committee and added one further recommendation from the Ministry of Corporate Affairs. News - Wed, 01 Apr 2026 18:46:04 +0530 https://www.taxtmi.com/news?id=72085