{"id":367666,"date":"2025-11-25T13:00:44","date_gmt":"2025-11-25T07:30:44","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=367666"},"modified":"2025-11-25T12:34:37","modified_gmt":"2025-11-25T07:04:37","slug":"ibbi-insolvency-professionals-second-amendment-regulations-2025","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2025\/11\/25\/ibbi-insolvency-professionals-second-amendment-regulations-2025\/","title":{"rendered":"IBBI (Insolvency Professionals) Second Amendment Regulations 2025: Limit on Insolvency Professional Assignments"},"content":{"rendered":"<div style=\"text-align: justify; line-height: 150%;\">\n<p style=\"margin-bottom: 3%;\">On 20-11-2025, the <span style=\"font-weight: bold;\">Insolvency and Bankruptcy Board of India<\/span> notified the <span style=\"font-weight: bold;\">Insolvency and Bankruptcy Board of India (Insolvency Professionals) (Second Amendment) Regulations, 2025<\/span> to amend the <span style=\"font-weight: bold;\"><a href=\"https:\/\/www.scconline.com\/DocumentLink.aspx?q=JTXT-0002844017\" target=\"_blank\">Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016<\/a><\/span>. The provisions came into force on 21-11-2025.<\/p>\n<h3>The amendment introduced a new provision relating to &#8220;Number of Assignments&#8221;:<\/h3>\n<ol style=\"list-style-type: decimal;\">\n<li>\n<p>An Individual Insolvency Professional (not an insolvency professional entity) can handle:<\/p>\n<ul style=\"list-style-type: disc;\">\n<li>\n<p>Maximum 10 assignments in total as:<\/p>\n<p style=\"margin-left: 36pt; text-indent: -18pt;\">&#10003; Interim Resolution Professional (&#8216;IRP&#8217;);<\/p>\n<p style=\"margin-left: 36pt; text-indent: -18pt;\">&#10003; Resolution Professional (&#8216;RP&#8217;) in a Corporate Insolvency Resolution Process (&#8216;CIRP&#8217;);<\/p>\n<p style=\"margin-left: 36pt; text-indent: -18pt;\">&#10003; Liquidator in a liquidation process.<\/p>\n<\/li>\n<li>\n<p>Out of these, <span style=\"font-weight: bold;\">not more than 3 assignments<\/span> can involve <span style=\"font-weight: bold;\">admitted claims exceeding Rs. 1,000 crore each<\/span>.<\/p>\n<\/li>\n<\/ul>\n<\/li>\n<li>\n<p>If an insolvency professional already has more assignments than these limits on the date of enforcement of these regulations, i.e. 21-11-2025, then they <span style=\"font-weight: bold;\">cannot take any new assignments<\/span> until their ongoing assignments fall below the specified limits.<\/p>\n<\/li>\n<\/ol>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p style=\"font-style: italic;\">The amendment limits the number of assignments of Individual Insolvency Professionals to 10.<\/p>\n","protected":false},"author":67515,"featured_media":367669,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4,15],"tags":[93327,29471,93325,93326,16901,50070],"class_list":["post-367666","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legislationupdates","category-rules_regulations","tag-admitted-claims","tag-ibbi","tag-ibbi-assignment-limit","tag-individual-insolvency-professional","tag-insolvency-and-bankruptcy-board-of-india","tag-insolvency-professionals"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.4 (Yoast SEO v26.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>IBBI (Insolvency Professionals) Second Amendment Regulations 2025 | SCC Times<\/title>\n<meta name=\"description\" content=\"IBBI (Insolvency Professionals) Second Amendment 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professional must not accept any fees or charges from any professional and\/or support service provider vide IBBI (Insolvency Professionals) (Second Amendment) Regulations, 2022","author":"Bhumika Indulia","date":"September 14, 2022","format":false,"excerpt":"\u00a0 \u00a0 The Insolvency and Bankruptcy Board of India has notified Insolvency and Bankruptcy Board of India (Insolvency Professionals) (Second Amendment) Regulations, 2022 to futher amend the Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016. The amendment inserts a new clause 26A in the First Schedule in IBBI\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"IBBI","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/06\/IBBI.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/06\/IBBI.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/06\/IBBI.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/06\/IBBI.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/06\/IBBI.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":231831,"url":"https:\/\/www.scconline.com\/blog\/post\/2020\/07\/06\/ibbi-notifies-insolvency-and-bankruptcy-board-of-india-insolvency-professionals-second-amendment-regulations-2020\/","url_meta":{"origin":367666,"position":1},"title":"IBBI notifies &#8212; Insolvency and Bankruptcy Board of India (Insolvency Professionals) (Second Amendment) Regulations, 2020","author":"Bhumika Indulia","date":"July 6, 2020","format":false,"excerpt":"The Insolvency and Bankruptcy Board of India makes the Insolvency and Bankruptcy Board of India (Insolvency Professionals) (Second Amendment) Regulations, 2020 to amend the Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016. In the Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016, in regulation 12, in\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/12\/IBBI.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/12\/IBBI.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/12\/IBBI.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/12\/IBBI.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/12\/IBBI.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":274772,"url":"https:\/\/www.scconline.com\/blog\/post\/2022\/09\/30\/new-form-aa-introduced-for-application-for-registration-as-an-insolvency-professional-vide-ibbi-insolvency-professionals-fourth-amendment-regulations-2022\/","url_meta":{"origin":367666,"position":2},"title":"New Form AA introduced for application for registration as an insolvency professional vide IBBI (Insolvency Professionals) (Fourth Amendment) Regulations, 2022","author":"Bhumika Indulia","date":"September 30, 2022","format":false,"excerpt":"\u00a0 \u00a0 On 28-09-2022, the Insolvency and Bankruptcy Board of India has notified the Insolvency and Bankruptcy Board of India (Insolvency Professionals) (Fourth Amendment) Regulations, 2022 which introduces a new Form AA for application for registration as an insolvency professional. The amendment modifies Insolvency and Bankruptcy Board of India (Insolvency\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"IBBI","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/06\/IBBI.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/06\/IBBI.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/06\/IBBI.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/06\/IBBI.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/06\/IBBI.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":217356,"url":"https:\/\/www.scconline.com\/blog\/post\/2019\/07\/25\/ibbi-amends-regulations-for-insolvency-professionals-authorisation-for-assignment-made-mandatory\/","url_meta":{"origin":367666,"position":3},"title":"IBBI amends Regulations for Insolvency Professionals | &#8216;Authorisation for Assignment&#8217; made mandatory","author":"Bhumika Indulia","date":"July 25, 2019","format":false,"excerpt":"The IBBI amends (i) the Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016, and (ii) the Insolvency and Bankruptcy Board of India (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) Regulations, 2016. The Insolvency and Bankruptcy Board India (IBBI) notified the following regulations: (i) the Insolvency and\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Insolvency-and-Bankruptcy-Board-of-India.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Insolvency-and-Bankruptcy-Board-of-India.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Insolvency-and-Bankruptcy-Board-of-India.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Insolvency-and-Bankruptcy-Board-of-India.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":269728,"url":"https:\/\/www.scconline.com\/blog\/post\/2022\/07\/07\/obligations-on-the-part-of-insolvency-professionals-regulated-vide-insolvency-and-bankruptcy-board-of-india-insolvency-professionals-amendment-regulations-2022\/","url_meta":{"origin":367666,"position":4},"title":"Obligations on the part of &#8216;Insolvency Professionals&#8217; regulated vide Insolvency and Bankruptcy Board of India (Insolvency Professionals) (Amendment) Regulations, 2022","author":"Editor","date":"July 7, 2022","format":false,"excerpt":"\u00a0 \u00a0 On 4-7-2022, Insolvency and Bankruptcy Board of India (IBBI), notified Insolvency and Bankruptcy Board of India (Insolvency Professionals) (Amendment) Regulations, 2022. With immediate effect it amends Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016. Through this regulation, the professionals that conduct the resolution of insolvency of\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"IBBI","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/06\/IBBI.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/06\/IBBI.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/06\/IBBI.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/06\/IBBI.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/06\/IBBI.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":233578,"url":"https:\/\/www.scconline.com\/blog\/post\/2020\/08\/07\/ibbi-amends-insolvency-and-bankruptcy-board-of-india-voluntary-liquidation-process-regulations-2017\/","url_meta":{"origin":367666,"position":5},"title":"IBBI amends Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) Regulations, 2017","author":"Bhumika Indulia","date":"August 7, 2020","format":false,"excerpt":"The Insolvency and Bankruptcy Board of India (IBBI) notified the Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) (Second Amendment) Regulations, 2020 on 05-08-2020. The Insolvency and Bankruptcy Code, 2016 enables a corporate person to initiate voluntary liquidation process if it has no debt or it will be able\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/12\/IBBI.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/12\/IBBI.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/12\/IBBI.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/12\/IBBI.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/12\/IBBI.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/367666","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/users\/67515"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/comments?post=367666"}],"version-history":[{"count":0,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/367666\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media\/367669"}],"wp:attachment":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media?parent=367666"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/categories?post=367666"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/tags?post=367666"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}