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India's parliament passed a bill to streamline insolvency proceedings.
India’s parliament passed the Insolvency and Bankruptcy Code (Amendment) Bill, 2025, on March 30, 2026.
The legislation, introduced by Finance Minister Nirmala Sitharaman, aims to streamline insolvency proceedings and address delays.
The bill includes 12 changes, such as a mandatory 14-day timeline for admitting applications and new penalties for abuse of the process.
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El parlamento de la India aprobó un proyecto de ley para agilizar los procedimientos de insolvencia.