https://www.taxtmi.com/article/detailed?id=16208 The Insolvency and Bankruptcy Code (Amendment) Act, 2026 revises the framework for resolution plans by altering payment standards for operational creditors and dissenting financial creditors, requiring fair and equitable distribution and prescribing a new benchmark linked to liquidation value and priority distribution. It also mandates implementation and supervision arrangements, CoC approval by 66% voting share, CCI approval for combinations, timelines for adjudicatory approval, protection of linked licences and clearances, and extinction of pre-approval claims and proceedings against the corporate debtor on approval of the resolution plan. en-us Wed, 15 Apr 2026 09:20:48 +0530 Wed, 15 Apr 2026 09:20:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=16208 The Insolvency and Bankruptcy Code (Amendment) Act, 2026 revises the framework for resolution plans by altering payment standards for operational creditors and dissenting financial creditors, requiring fair and equitable distribution and prescribing a new benchmark linked to liquidation value and priority distribution. It also mandates implementation and supervision arrangements, CoC approval by 66% voting share, CCI approval for combinations, timelines for adjudicatory approval, protection of linked licences and clearances, and extinction of pre-approval claims and proceedings against the corporate debtor on approval of the resolution plan. Articles Corporate Laws / IBC / SEBI Wed, 15 Apr 2026 09:20:48 +0530 https://www.taxtmi.com/article/detailed?id=16208