IBBI flags misuse of insolvency process; asks IPs to step up scrutiny
- Posted on August 16, 2026
- By Financial Express
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- 1 min read
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IBBI flags misuse of insolvency process; asks IPs to step up scrutiny
The Insolvency and Bankruptcy Board of India (IBBI) has issued draft guidance asking insolvency professionals to actively monitor and report red flags to prevent the fraudulent misuse of corporate insolvency resolution processes.