https://www.taxtmi.com/article/detailed?id=16225 The amended insolvency framework revises the look-back periods for preferential and undervalued transactions, permits creditors and members to apply where such transactions or wrongful trading are not reported, and updates the rules for secured creditor realisation, distribution of liquidation proceeds, and dissolution of the corporate debtor. The changes require prompt notice by secured creditors, prescribe sharing and deduction obligations in realisation, clarify priority treatment in liquidation, and set timelines for dissolution while preserving pending avoidance and related proceedings. en-us Sat, 18 Apr 2026 08:22:52 +0530 Sat, 18 Apr 2026 08:22:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=16225 The amended insolvency framework revises the look-back periods for preferential and undervalued transactions, permits creditors and members to apply where such transactions or wrongful trading are not reported, and updates the rules for secured creditor realisation, distribution of liquidation proceeds, and dissolution of the corporate debtor. The changes require prompt notice by secured creditors, prescribe sharing and deduction obligations in realisation, clarify priority treatment in liquidation, and set timelines for dissolution while preserving pending avoidance and related proceedings. Articles Corporate Laws / IBC / SEBI Sat, 18 Apr 2026 08:22:52 +0530 https://www.taxtmi.com/article/detailed?id=16225