The Insolvency & Bankruptcy Code, 2016

The Insolvency & Bankruptcy Code, 2016 is India’s most significant commercial legislation aimed at consolidating and reforming insolvency laws relating to companies, partnerships, and individuals. This book offers a detailed, section-wise commentary on the Code, explaining statutory provisions with clarity and precision while integrating the latest legislative amendments, rules, and regulations.

The commentary extensively analyzes judicial interpretations from the Supreme Court, NCLAT, and NCLT, making complex insolvency principles accessible and practically applicable. Key processes such as Corporate Insolvency Resolution Process (CIRP), liquidation, voluntary liquidation, fast-track insolvency, and the role of insolvency professionals are explained with procedural flow and real-world relevance.

Special emphasis is placed on the rights and duties of financial creditors, operational creditors, resolution professionals, and the Committee of Creditors (CoC). The book also highlights emerging trends, timelines, compliance requirements, and strategic considerations essential for effective insolvency resolution.

Written in a clear and structured manner, this book serves as both a reference manual and a practical guide, making it indispensable for legal practitioners, corporate advisors, and students of insolvency law.