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Core Purpose

The Central Government appoints May 26, 2026, as the effective date for specified provisions of the Insolvency and Bankruptcy Code (Amendment) Act, 2026 (6 of 2026) to come into force.

Detailed Summary

The Ministry of Corporate Affairs, through Notification S.O. 2625(E) issued from New Delhi on May 22, 2026, announced that the Central Government, exercising powers conferred by sub-section (2) of section 1 of the Insolvency and Bankruptcy Code (Amendment) Act, 2026 (6 of 2026), has appointed May 26, 2026, as the date on which numerous provisions of the said Act shall come into force. The specific provisions designated to become effective include sections 2 to 6, sections 8 to 33, sub-clause (iii) of clause (a) and clause (b) of section 34, sections 35 to 39, section 41, sections 43 to 44, section 46, sections 48 to 59, sections 61 to 66, section 68, clause (a) of section 69, clause (a) of section 70, and sub-clause (i) to sub-clause (xxvi) of clause (b) of section 70 (with the exclusion of sub-clause (xx)), and section 72.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-25052026-272855 EXTRAORDINARY PART II-Section 3-Sub-section (ii) PUBLISHED BY AUTHORITY No. 2533] NEW DELHI, MONDAY, MAY 25, 2026/JYAISTHA 4, 1948 MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 22nd May, 2026 S.O. 2625(E). In exercise of the powers conferred by sub-section (2) of section 1 of the Insolvency and Bankruptcy Code (Amendment) Act, 2026 (6 of 2026), the Central Government hereby appoints the 26th day of May, 2026, as the date on which the following provisions of the said Act shall come into force, namely: – 1. sections 2 to 6 (both inclusive); 2. sections 8 to 33 (both inclusive); 3. sub-clause (iii) of clause (a) and clause (b) of section 34; 4. sections 35 to 39 (both inclusive); 5. section 41; 6. sections 43 to 44 (both inclusive); 7. section 46; 8. sections 48 to 59 (both inclusive); 9. sections 61 to 66 (both inclusive); 10. section 68; 11. clause (a) of section 69; 12. clause (a) of section 70; 13. sub-clause (i) to sub-clause (xxvi) of clause (b) of section 70 [Except sub-clause (xx) of clause (b) of section 70]; and 14. section 72. [F. No. Insol-30/8/2025-Insolvency-MCA] ANITA SHAH AKELLA, Jt. Secy.

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