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IBC

Fast Track CIRP

An expedited insolvency resolution process under Section 55-58 of IBC for small corporate debtors, start-ups, and unlisted companies with small asset/income thresholds. Must be completed within 90 days (extendable to 135 days).

Last updated: 17 May 2026

Frequently Asked Questions

What is Fast Track CIRP?

An expedited insolvency resolution process under Section 55-58 of IBC for small corporate debtors, start-ups, and unlisted companies with small asset/income thresholds. Must be completed within 90 days (extendable to 135 days).

What is the significance of Fast Track CIRP under IBC?

Fast Track CIRP is significant under IBC because An expedited insolvency resolution process under Section 55-58 of IBC for small corporate debtors, start-ups, and unlisted companies with small asset/income thresholds. Must be completed within 90 days (extendable to 135 days).

Who does Fast Track CIRP apply to?

Fast Track CIRP under IBC applies to companies, professionals, and individuals involved in IBC-related compliance and regulatory matters in India. Specifically: An expedited insolvency resolution process under Section 55-58 of IBC for small corporate debtors, start-ups, and unlisted companies with small asset/...

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