Will introduce IBC Amendment Bill in second half of Budget session: FM

New Delhi: Finance Minister Nirmala Sitharaman on Monday said the government intends to introduce the Insolvency and Bankruptcy Code (Amendment) Bill, 2025 in the second half of the Budget session beginning March 9 as the parliamentary committee has already submitted its report. The proposed amendments to insolvency law would help further enhancement in the timelines and effectiveness of proceedings as well as alignment of India’s insolvency regime more closely with the global best practices. The parliamentary committee has submitted its report as far as proposed legislation with respect to Insolvency and Bankruptcy Code (IBC) is concerned, she said during an interaction with the media a day after presenting Budget 2026-27 in the Lok Sabha.