https://www.taxtmi.com/news?id=72088 The Rajya Sabha debated the Insolvency and Bankruptcy Code (Amendment) Bill, 2026, amid criticism of repeated amendments, substantial creditor haircuts, alleged favouritism toward large corporate defaulters, and ongoing pendency and infrastructure bottlenecks in insolvency tribunals. Members raised concerns over proposed creditor-initiated insolvency changes, executive rule-making on cross-border insolvency, and the limited effectiveness of MSME resolution mechanisms, while others supported the Code and urged stronger institutional capacity and better use of insolvency funds. en-us Wed, 01 Apr 2026 20:01:03 +0530 Wed, 01 Apr 2026 20:01:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=72088 The Rajya Sabha debated the Insolvency and Bankruptcy Code (Amendment) Bill, 2026, amid criticism of repeated amendments, substantial creditor haircuts, alleged favouritism toward large corporate defaulters, and ongoing pendency and infrastructure bottlenecks in insolvency tribunals. Members raised concerns over proposed creditor-initiated insolvency changes, executive rule-making on cross-border insolvency, and the limited effectiveness of MSME resolution mechanisms, while others supported the Code and urged stronger institutional capacity and better use of insolvency funds. News - Wed, 01 Apr 2026 20:01:03 +0530 https://www.taxtmi.com/news?id=72088