New Insolvency Amendment Bill 2025: A Game-Changer for Business Failures
Published on: Aug. 12, 2025, 8:13 p.m. | Source: Devdiscourse
The government introduced a bill to amend the insolvency law, proposing out-of-court resolutions and frameworks for group and cross-border insolvency. The changes aim to reduce delays, improve governance, and maximize stakeholder value by easing judicial burdens and facilitating creditor-initiated processes.
