The Insolvency and Bankruptcy Board of India (IBBI) has extended the deadline for submission of public comments on multiple discussion papers from 28 April 2026 to 5 May 2026. These discussion papers, originally issued on 15 April 2026, cover a wide range of regulatory proposals, including creditor-initiated insolvency resolution, amendments to liquidation, CIRP, pre-packaged insolvency, information utilities, inspection and investigation, grievance handling, personal guarantor insolvency, and voluntary liquidation regulations. The extension has been granted in line with IBBI’s objective of stakeholder-driven and consultative regulation-making. Stakeholders are required to submit their comments electronically through the official IBBI website by selecting the ‘Public Comments’ link and choosing the relevant discussion paper. The manner of submission remains as specified in the respective papers, and all other terms and conditions governing the comment process remain unchanged.
INSOLVENCY AND BANKRUPTCY BOARD OF INDIA
7th Floor, Mayur Bhawan, Connaught Place, New Delhi – 110 001
Press Release No. IBBI/PR/2026/8 | Dated: 28th April, 2026
Extension of last date for receipt of public comments on Discussion Papers
The Insolvency and Bankruptcy Board of India (IBBI), in pursuance of its objective of stakeholder-driven and consultative regulation-making, had placed in the public domain, following Discussion Papers on its website www.ibbi.gov.in on 15th April, 2026, inviting comments from stakeholders –
a) Discussion Paper on (Creditor-Initiated Insolvency Resolution Process) Regulations, 2026
b) Discussion Paper on proposed Amendments to IBBI (Liquidation Process) Regulations, 2016
e) Discussion Paper on Amendments to IBBI (Information Utilities) Regulations, 2017
f) Discussion Paper on Amendments to IBBI (Inspection and Investigation) Regulations, 2017
The last date for receipt of public comments on the said Discussion Papers was 28th April, 2026.
2. In this regard, it has been decided to extend the last date for receipt of public comments on the Discussion Papers to 5th May, 2026.
3. Stakeholders may submit their comments electronically by visiting the IBBI website at ibbi.gov.in, selecting the link ‘Public Comments’, and thereafter selecting the relevant Discussion Paper, in the manner specified therein.
4. All other terms and conditions relating to the submission of comments, as set out in the respective Discussion Papers, shall remain unchanged.
