The Insolvency and Bankruptcy Code, 2016 – दिवाला और शोधन अक्षमता संहिता, 2016 (Diglot Bare Act, Edition 2026)

India Publishing Company, Indore publishes this diglot bare act of The Insolvency and Bankruptcy Code, 2016 by Devendra Baagdi — Edition 2027, as amended up to date, including by Act No. 6 of 2026, and carried with short comments (पूर्णतया संशोधित एवं संक्षिप्त टीका सहित).

A diglot edition (द्विभाषी संस्करण) prints the Hindi and English texts together. For practice before the National Company Law Tribunal benches and in the Hindi-speaking states, where pleadings, orders and client conferences move between the two languages, that is precisely what is needed — and it settles what the Hindi text of a provision actually says.

What the Code covers

• Preliminary and definitions — the scheme and application of the Code.
• Corporate Insolvency Resolution Process — initiation by a financial creditor, an operational creditor or the corporate debtor itself; the moratorium; the interim resolution professional and the resolution professional; the committee of creditors; the resolution plan and its approval.
• Fast track and pre-packaged insolvency resolution for the smaller corporate debtor.
• Liquidation — appointment of the liquidator, the liquidation estate, claims, the waterfall of distribution and dissolution; and voluntary liquidation.
• Adjudicating authority — the National Company Law Tribunal, appeals to the NCLAT and to the Supreme Court.
• Insolvency resolution and bankruptcy for individuals and partnership firms, including the fresh start process.
• Regulation of insolvency professionals, agencies and information utilities, and the Insolvency and Bankruptcy Board of India.
• Offences, penalties and miscellaneous provisions, with the Schedules amending the allied enactments.

Why this edition

• Diglot — Hindi and English together, the format NCLT practice in the Hindi belt actually runs on.
• As amended up to date, including by Act No. 6 of 2026.
• Short comments alongside the bare text — enough to orient the reader on a provision without turning the book into a commentary.
• Bare act format, compact and priced for daily carrying.
• Edition 2027, from India Publishing Company, Indore.

Who should buy this book

• Insolvency professionals and registered valuers working on resolution and liquidation mandates.
• Advocates appearing before the NCLT and NCLAT, particularly in the Hindi-speaking states.
• Chartered Accountants, Company Secretaries and Cost Accountants advising on insolvency and restructuring.
• Bankers and recovery departments dealing with stressed accounts and financial creditor applications.
• Law students, IBBI examination candidates and judicial service aspirants who need the Code in both languages.