IBBI and INSOL India Host 3rd International Conclave 2026

The Insolvency and Bankruptcy Board of India (IBBI) in association with INSOL India organized the 3rd International Conclave. The event brought together distinguished experts, policymakers, legal luminaries, and practitioners from across jurisdictions to reflect on the transformative decade of the IBC and deliberate on the way forward for insolvency resolution in India.

Justice (Retd.) Ramalingam Sudhakar, President, National Company Law Tribunal graced the occasion as Chief Guest. In his address, he traced the remarkable journey of the Insolvency and Bankruptcy Code and underscored its transformative impact on India’s resolution landscape.

M. Nagaraju, Secretary, Department of Financial Services, Ministry of Finance in his special address emphasized the significant contribution of the IBC in improving the health of the banking sector, including reduction in NPAs and improvement in profits. He highlighted the behavioural changes brought about by the Code in the debtor-creditor ecosystem and the importance of continued collaboration among stakeholders. He also noted that certain challenges require continued attention.

Ravi Mital, Chairperson, IBBI delivered a special address, in which he traced the evolutionary journey of the Insolvency and Bankruptcy Code over the past decade. Highlighting its key achievements, he noted that the IBC has significantly matured during this period and that India today has one of the most robust insolvency resolution frameworks globally.

Ms. Pooja Mahajan, President, INSOL India in her welcome address highlighted INSOL India’s role in strengthening the insolvency ecosystem and outlined the organization’s recent initiatives aimed at promoting best practices and fostering international collaboration in insolvency resolution.

Dr. Bhushan Kumar Sinha, Whole Time Member, IBBI delivered the vote of thanks at the conclusion of the inaugural session. While thanking all dignitaries and stakeholders, he highlighted the positive impact of the IBC on the banking sector and the economy at large.

The second Panel Discussion focused on “Asset Tracing, Enforcement & Recovery”. The panel comprised of Sandip Garg, Whole Time Member, IBBI; James Noble, Partner, Carey Olsen, Singapore; Mark J. Forte, Partner, BVI; Keith Han, Partner, Oon and Bazul, Singapore; and Ms. Pooja Bahry, Insolvency Professional, India. The session was moderated by Mr. Saurav Panda, Partner, Shardul Amarchand Mangaldas & Co. The panel discussed contemporary challenges and best practices in asset tracing and recovery across jurisdictions.

The third Panel Discussion was on “Out-of-Court Workouts & Pre-Pack Solutions”. The eminent panellists included Mr. Sudhaker Shukla, Former Whole Time Member, IBBI; James Alexio, MD, Kroll Singapore; Jamie H. M. Sprayregen, Vice Chairman, Hilco Global, United States; Rob Downey, Senior Manager, Bank of England; and Rajat Goyal, Principal Investment Officer, SWAMIH Fund. The session was moderated by Mr. Pulkit Gupta, Partner, EY. The panel deliberated on the efficacy of out-of-court restructuring mech(UPDATED ON 28TH JANUARY 2026)