The Insolvency and Bankruptcy Code, 2016 alongwith Rules and Regulations by Parachi Wazalwar – Edition 2026 (updated uptil 16.04.2026)

Description

The book contains the full text of the Insolvency and Bankruptcy Code, 2016, enacted under Act 31 of 2016 dated 28-5-2016, as currently in force after all recent legislative updates. It is published along with relevant Rules and Regulations, ensuring complete coverage of the procedural and regulatory framework governing insolvency resolution and bankruptcy matters in India.

The content spans the full scope of the Insolvency and Bankruptcy Code, including:

• Preliminary Provisions, Definitions, and Applicability
• Corporate Insolvency Resolution Process (CIRP)
• Fast Track Corporate Insolvency Resolution
• Liquidation Process for Corporate Persons
• Voluntary Liquidation Procedures
• Insolvency Resolution and Bankruptcy for Individuals and Partnership Firms
• Role, Powers, and Functions of Insolvency Professionals
• Information Utilities and Their Legal Framework
• Constitution, Powers, and Jurisdiction of NCLT, NCLAT, DRT, and DRAT
• Avoidance Transactions – Preferential, Undervalued, Extortionate Credit, and Fraudulent Transactions
• Moratorium, Resolution Plans, and Committee of Creditors
• Offences, Penalties, and Adjudication Mechanisms
• Relevant Rules, Regulations, and Latest Compliance Requirements
• Updated provisions introduced by the 2026 Amendment Act

This edition is particularly suitable for:• Advocates and litigators handling insolvency and restructuring matters
• Insolvency Professionals (IPs) and Resolution Professionals (RPs)
• Chartered accountants, company secretaries, and compliance officers
• Banks, NBFCs, and financial institutions managing stressed assets
• Corporate advisors involved in restructuring, mergers, and recovery matters