Explainer · Insolvency · IBC

What the IBBI Is and What It Publishes (2026)

Updated for 2026 · Claw Editorial

The Insolvency and Bankruptcy Board of India, called the IBBI, is the regulator that sits at the centre of the insolvency system in India. It was set up on 1 October 2016 under Section 188 of the Insolvency and Bankruptcy Code, 2016, and it is based in New Delhi. For a lender, supplier or investor, the IBBI matters for a practical reason: its website is where a company insolvency becomes public. This explainer covers what the IBBI is, what it regulates, and the records it publishes that you can read to find and follow an insolvency. Last verified October 2026.

01The short answer

The IBBI is the statutory regulator for insolvency in India, created under Section 188 of the Insolvency and Bankruptcy Code, 2016 and working since 1 October 2016. It regulates the professionals and institutions that run insolvency cases, and it writes the detailed rules for the process. For the public, its most useful role is what it publishes: public announcements naming companies that have entered insolvency, along with orders, regulations and data, all on ibbi.gov.in.

02What the IBBI is

The IBBI is a statutory body, which means it was created by a law and has powers given by that law. Section 188 of the Insolvency and Bankruptcy Code, 2016 established it, and it began work on 1 October 2016 with its head office in New Delhi. It has a chairperson and members, including people from the government and the Reserve Bank of India.

Its job is to make the insolvency system work in a predictable way. The Code sets out the broad process; the IBBI fills in the detail through regulations, oversees the people who run cases, and keeps records that make the system transparent. It is the regulator, not a court. The decisions in an insolvency case are made by the National Company Law Tribunal (NCLT), not by the IBBI.

03What the IBBI regulates

The IBBI regulates four kinds of players in the insolvency system:

• Insolvency professionals (IPs). The licensed professionals who run a corporate insolvency resolution process or a liquidation. The IBBI registers them and can take disciplinary action against them.
• Insolvency professional agencies (IPAs). The bodies that enrol and monitor insolvency professionals.
• Insolvency professional entities (IPEs). Firms through which insolvency professionals can provide their services.
• Information utilities (IUs). The bodies that store financial information and records of default, which creditors can use as evidence.

Alongside this, the IBBI writes the regulations that govern the corporate insolvency resolution process, liquidation, voluntary liquidation and related processes. These regulations sit under the Code and are updated often, so they are worth checking for the current position.

04What the IBBI publishes

For anyone trying to find or follow an insolvency, the IBBI website is a primary source. The main things it publishes are:

The public announcement is the one to watch. It is made in Form A under Regulation 6, within three days of the resolution professional being appointed, and it is published both on the IBBI website and in newspapers. It names the company and states the last date for creditors to file their claims.

05How to use IBBI records

You can use the IBBI records in two ways. To find an insolvency, scan the public announcements for a company name; a listing there means a corporate insolvency resolution process has started. To follow it, read the orders and track the case at the NCLT and NCLAT, because the IBBI publishes announcements and data but the live case movement sits on the tribunal portals.

Two cautions. First, the IBBI shows insolvency matters, not every dispute a company faces, so it is one window, not the whole picture. Second, a company absent from the announcements is not necessarily free of insolvency risk; a petition may be filed but not yet admitted, so nothing is announced. To see a petition before it is admitted, you also watch the NCLT; see how to check a company insolvency exposure at the NCLT. For a step-by-step on tracking a matter, see how to track NCLT and NCLAT case status.

06Where Claw fits

Claw is an all-in-one legaltech platform for Indian advocates, law firms, and corporate legal teams, combining AI-based case search, an AI legal assistant (Legal GPT), case management, and compliance automation across all Indian courts and tribunals.

The IBBI tells you what has been officially announced; it does not watch a company for you or join the insolvency to the rest of its litigation. Claw does both. Name a company and Claw finds and then tracks its insolvency across the NCLT and NCLAT, alongside its wider litigation across 9,102 courts, benches and forums, with constant monitoring that reports New filings, Changed movement and Closed disposals and sends alerts. Judgment and order search spans 30 crore+ judgments and orders, with Supreme Court decisions from 1950 and High Court decisions from 1990, returning results in under 5 seconds, and Claw does not use your searched names or documents to train its AI models. "Nothing on record" means nothing was found in these registries on the date searched under the names searched, and a search result is a risk input, not a verdict.

To find and follow a company insolvency and its wider litigation, run a case search across Indian courts by company name across every forum at once.

07Sources and further reading

• Insolvency and Bankruptcy Board of India: ibbi.gov.in
• India Code (Insolvency and Bankruptcy Code, 2016, bare text): indiacode.nic.in
• Ministry of Corporate Affairs: mca.gov.in
• Claw: clawlaw.in

This explainer is general information, not legal advice. The IBBI regulations are updated often, so check the current text on ibbi.gov.in before you rely on it.

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