IBBI Notifies Fourth CIRP Amendment: Priority for Dissenting Creditors, Asset-Wise Resolution Enabled [Read Notification]

IBBI’s Fourth CIRP Amendment mandates priority payments to dissenting creditors and enables asset-wise resolution planning to enhance fairness and flexibility in insolvency proceedings

By Kavi Priya - On May 28, 2025 6:11 pm - 2 mins read

IBBI amendment 2025 - CIRP fourth amendment - Insolvency resolution update - Taxscan

The Insolvency and Bankruptcy Board of India (IBBI) has issued a notification dated 26th May 2025, introducing the Fourth Amendment to the Insolvency Resolution Process for Corporate Persons (CIRP) Regulations, 2016. This amendment, effective from the date of publication in the official Gazette, brings huge procedural and structural reforms to enhance transparency, creditor protection, and…

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