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IBBI has directed Insolvency Professionals to remain vigilant against misuse of the IBC framework and conduct further enquiry where indicators suggest that CIRP or liquidation may be serving a fraudulent or malicious purpose.
Circular - Due diligence by Insolvency Professionals regarding misuse of IBC framework
10 September 2026Eff. 9 September 202613 min
IBBI's 14 August 2026 discussion paper proposes a circular directing Insolvency Professionals to actively screen CIRP cases against 9 fraud/malice indicators and seek Section 65 penalties from the Adjudicating Authority. Comments open till 24 August 2026.
14 August 202615 min
RBI issued final TReDS Master Directions 2026 (RBI/DPSS/2026-27/406) on June 23, 2026. MSME seller due diligence removed, ₹25 crore net worth mandated (existing operators by Mar 31, 2028), credit guarantee from GoI trusts permitted, re-discounting enabled.
Reserve Bank of India (Trade Receivables Discounting System) Directions, 2026
24 June 2026Eff. 23 June 202619 min