Insolvency and bankruptcy in India are governed by the Insolvency and Bankruptcy Code, 2016 (IBC), which created a unified framework for resolving corporate insolvency, personal guarantor insolvency, and liquidation before the National Company Law Tribunal. This hub covers the Corporate Insolvency Resolution Process (CIRP) and the major Insolvency and Bankruptcy Code (Amendment) Bill, 2025 that passed Parliament in early 2026, personal guarantor insolvency under Part III of the Code, India's still-developing cross-border insolvency framework, the liquidation process and Section 53 creditor-priority waterfall, and the practical steps an NRI creditor needs to take to file a claim and recover dues from India. This platform pays particular attention to the questions NRI creditors, personal guarantors, and company directors abroad raise most often -- how to participate in a CIRP or liquidation from outside India, and what happens when an insolvency case has a genuine cross-border element.
