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Corporate Laws Central Ministry of Corporate Affairs Insolvency and Bankruptcy Code, 2016

IBBI issues IBBI (Pre-Packaged Insolvency Resolution Process) (Amendment) Regulations, 2026

25-Feb-2026 | IBBI/2025-26/GN/REG138

IBBI has issued an amendment regulation modifying the provisions of the Insolvency and Bankruptcy Board of India (Pre-Packaged Insolvency Resolution Process) Regulations, 2021.

By virtue of this amendment:

a. An Explanation has been added to the definition of "Fair Value" under Regulation 2(1)(g), clarifying that the estimated realisable value of the corporate debtor shall be computed after taking into account the total estimated realisable value of all the assets of the corporate debtor, including but not limited to tangible and intangible assets, along with their underlying synergies.

b. Regulation 39(1) has been amended to include additional factors for determining the Fair Value and the Liquidation Value.

c. Regulation 39(1A) has been inserted, specifying that the registered valuer is required to prepare the valuation report in respect of the assets proposed to be sold and maintain the relevant documentation in the format notified by the Board through a circular.

Kindly refer to the attached document for further details.

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