Commercial’s The Insolvency & Bankruptcy Code, 2016 (Bare Act) – Edition 2026.

This authoritative 2026 edition of The Insolvency and Bankruptcy Code, 2016 delivers the full legislative text of the law (Act 31 of 2016) as currently in force. Painstakingly updated by corporate law expert Prachi Wazalwar, this volume incorporates all amendments introduced by the Insolvency and Bankruptcy Code (Amendment) Act, 2026 (dated 6-4-2026), updated up to 16 April 2026. Presented as a Bare Act with short comments, it provides both the statutory text and concise explanatory notes.

Comprehensive Legal Coverage

This edition ensures complete coverage of the procedural and regulatory framework governing insolvency resolution and bankruptcy in India, including:

• Preliminary Provisions, Definitions, and Applicability

• Corporate Insolvency Resolution Process (CIRP) and Fast Track CIRP

• Liquidation Process for Corporate Persons & Voluntary Liquidation

• Insolvency Resolution and Bankruptcy for Individuals and Partnership Firms

• Role, Powers, and Functions of Insolvency Professionals & Information Utilities

• Constitution, Powers, and Jurisdiction of NCLT, NCLAT, DRT, and DRAT

• Avoidance Transactions (Preferential, Undervalued, Extortionate Credit, and Fraudulent)

• Moratorium, Resolution Plans, and Committee of Creditors

• Offences, Penalties, and Adjudication Mechanisms

Who Should Buy This Book?

• Advocates & Litigators handling high-stakes insolvency, restructuring, and recovery matters.

• Insolvency Professionals (IPs) & Resolution Professionals (RPs) managing corporate resolution processes.

• Chartered Accountants & Company Secretaries overseeing corporate compliance.

• Banks, NBFCs, & Financial Institutions managing stressed assets.

• Law Students preparing for competitive legal examinations.

About the Author: Prachi Wazalwar

Prachi Wazalwar is a highly accomplished corporate lawyer, qualified Company Secretary, and founder of Wazalwar & Associates. Recognized as an authority in the Indian legal landscape, she specializes in company law, insolvency, restructuring, and M&A. She regularly appears before the NCLT, NCLAT, High Courts, and the Supreme Court of India. A former member of the ICSI core group on NCLT, her contributions as an author and policy advisor have earned her widespread acclaim among practitioners and policymakers.

About the Publisher: Commercial Law Publishers

Commercial Law Publishers has revolutionized legal publishing in India by delivering high-quality, highly ethical publications at affordable prices. Backed by a team of in-house professional experts and high-profile authors, Commercial is renowned for its authoritative commentaries, referencers, and Bare Acts across direct taxes, indirect taxes, and corporate law.

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