On 31 October 2026, the Chair in Insolvency & Restructuring Studies, National Law University Delhi, in collaboration with The Mentorship Project (TMP), hosted a panel discussion titled “The CoC in Practice: Authority, Accountability and the Courts after the 2026 Amendment”, curated by Dr Raghav Pandey, Chair Director. The discussion featured Mr Kumar Kislay, formerly Partner at JSA, Delhi; Mr Rajat Pradhan, Partner, Solaris Legal; Mr Raghav Singh, Founder, The Mentorship Project; and Adv. Raghavv Sabharwal, Advocate-on-Record, Supreme Court of India, and former Assistant Advocate General, Haryana. The session was moderated by Ms Rasmani Raghuwanshi, Head – Strategy Lead, TMP, and Associate, Competition Law, Cyril Amarchand Mangaldas. The guests were felicitated by Dr Anwesha Pal, Assistant Professor, NLU Delhi.
The panel explored how the Insolvency and Bankruptcy Code (Amendment) Act, 2026 reshapes the balance between the Committee of Creditors’ commercial wisdom, accountability and judicial oversight. Key areas of discussion included amendments to Section 12A, the position of dissenting financial creditors, creditor coordination, project-wise resolution in real estate insolvency, mediation and alternative dispute resolution, and the impact of litigation and procedural delays on resolution outcomes. The session concluded with an engaging interaction with students on the practical challenges of implementing legislative changes effectively. We extend our sincere thanks to the panellists, moderator and TMP for an insightful and thought-provoking discussion.