The Insolvency and Bankruptcy Code, 2016

This edition of The Insolvency and Bankruptcy Code, 2016 (Act 31 of 2016, dated 28-5-2016), updated up to 20-9-2025, incorporates the latest amendments including The Insolvency and Bankruptcy Code (Amendment) Act, 2021 (26 of 2021, dated 12-8-2021, effective 4-4-2021). It provides the consolidated legal framework for insolvency resolution, liquidation, and bankruptcy processes for individuals, partnerships, and corporate entities in India.

Published as a bare act with short comments, this edition presents the statutory text in its precise legislative form along with concise explanatory notes to aid comprehension and practical application. The volume also includes all relevant Rules and Regulations framed under the Code, covering Corporate Insolvency Resolution Process (CIRP), liquidation proceedings, insolvency of individuals and partnership firms, Insolvency and Bankruptcy Board of India (IBBI) regulations, and procedural aspects.

Updated for the year 2026, this edition is particularly useful for:
• Aspirants of the All India Bar Examination (AIBE), conducted by the Bar Council of India
• Law students and academicians specializing in corporate and insolvency law
• Practicing advocates handling insolvency, restructuring, and recovery cases before NCLT/NCLAT
• Insolvency professionals, resolution professionals, and chartered accountants engaged in CIRP and liquidation proceedings
• Corporate legal teams, compliance officers, and policymakers navigating India’s insolvency regime

By combining legislative accuracy with short explanatory notes and the latest subordinate legislation, this edition ensures clarity, reliability, and practical utility, making it indispensable for examination preparation, academic study, and professional practice in insolvency and bankruptcy law.