IBC Amendment Bill: Expert View by Zeeshan Farooqui

In a recent article published by The Hindu Business Line, Zeeshan Farooqui commented on the practical limitations of the proposed IBC Amendment Bill, which seeks to expedite the admission of insolvency cases.

He explained:

“The Bill is limited by the absence of mechanisms to ensure compliance with these timelines as there are no deemed admission provision if deadlines are breached.”

Zeeshan’s observation highlights a critical gap in the framework, while faster admission is the intent, the absence of enforcement mechanisms may limit the Bill’s effectiveness in reducing pendency before the tribunals.

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