---
title: "Streamlining Insolvency Professional Appointments: The IBBI’s 2025 Guidelines for Insolvency Professionals"
date: 2025-05-28
author: "Rahul Sundaram"
url: https://www.indialaw.in/blog/civil/ibbi-2025-guidelines-insolvency-professional/
---

# Streamlining Insolvency Professional Appointments: The IBBI’s 2025 Guidelines for Insolvency Professionals

Posted On - 28 May, 2025 •

By - [Rahul Sundaram](https://www.indialaw.in/people/rahul-sundaram/ "Posts by Rahul Sundaram")

[![Streamlining Insolvency Professional Appointments: The IBBI's 2025 Guidelines for Insolvency Professionals](https://www.indialaw.in/wp-content/uploads/Capture-34.png)](https://www.indialaw.in/wp-content/uploads/Capture-34.png)

The Insolvency and Bankruptcy Board of India (IBBI) has recently issued a set of guidelines aimed at streamlining the appointment process for Insolvency Professionals (IPs) in cases of corporate and individual insolvency. These guidelines, titled “Insolvency Professionals to act as Interim Resolution Professionals, Liquidators, Resolution Professionals and Bankruptcy Trustees (Recommendation) Guidelines, 2025,” were released on May 27, 2025, and are designed to ensure a more efficient and transparent process for the appointment of IPs by the National Company Law Tribunal (NCLT) and Debt Recovery Tribunal (DRT). The guidelines are effective from July 1, 2025, to December 31, 2025, and are based on several key provisions of the Insolvency and Bankruptcy Code, 2016 (IBC).

The guidelines are issued under various provisions of the IBC, including Sections 16(4), 34(6), 97(4), 98(3), 125(4), 146(3), and 147(3). They are also supported by Rule 8(2) of the Insolvency and Bankruptcy (Application to Adjudicating Authority for Insolvency Resolution Process for Personal Guarantors to Corporate Debtors) Rules, 2019, and Rule 8(2) of the Insolvency and Bankruptcy (Application to Adjudicating Authority for Bankruptcy Process for Personal Guarantors to Corporate Debtors) Rules, 2019. These provisions and rules collectively aim to enhance the effectiveness of the insolvency resolution process by ensuring that only qualified and eligible IPs are appointed.

To be eligible for inclusion in the panel of IPs, candidates must meet several criteria. Firstly, there must be no pending disciplinary proceedings against them, either initiated by the Board or the Insolvency Professionals Association (IPA). Secondly, IPs must not have been convicted by a court of competent jurisdiction in the last three years. Additionally, they must submit an expression of interest along with consent to act as Interim Resolution Professionals, Resolution Professionals, Liquidators, or Bankruptcy Trustees. Lastly, IPs must hold a valid Authorization for Assignment (AFA) until the validity of the panel.

The expression of interest must be submitted in Form A by June 22, 2025. This submission serves as an unconditional consent by the IP to act in any of the specified roles. IPs are also required to specify the sectors in which they have handled assignments. The Board will prepare a common panel of IPs for appointment as IRP, Liquidator, RP, and BT, which will be shared with the Adjudicating Authority. The panel will be valid for six months and will include a zone-wise and bench-wise list based on the registered office location of the IPs.

The sorting criteria for the panel of IPs are based on the volume of ongoing assignments related to liquidation and corporate insolvency resolution processes. In cases where two or more IPs have the same score, they will be listed based on the date of their registration with the Board. IPs included in the panel are expected to accept appointments unless permitted otherwise by the NCLT, DRT, or IBBI. Refusal without justification will result in removal from the panel for six months.

The guidelines also include conditions for IPs, such as not surrendering their registration or membership during the panel’s validity period. The Adjudicating Authority has the discretion to appoint any IP from the panel. The 2024 guidelines have been repealed, and all actions taken under them are saved. These new guidelines aim to ensure a more streamlined and efficient process for appointing IPs in insolvency and bankruptcy cases, thereby enhancing the effectiveness of the IBC.

In conclusion, the IBBI’s new guidelines represent a significant step towards improving the insolvency resolution process in India. By setting clear eligibility criteria, requiring expressions of interest, and establishing a transparent panel system, these guidelines are expected to enhance the efficiency and fairness of IP appointments. This, in turn, will contribute to a more robust and effective insolvency and bankruptcy framework in the country.

For further details write to [contact@indialaw.in](mailto:contact@indialaw.in)

[Insolvency & Bankruptcy](https://www.indialaw.in/expertise/insolvency-and-bankruptcy-laws/)

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# IndiaLaw LLP — Offices & Contact Details

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## General Contact

| | |
|---|---|
| **Website** | https://www.indialaw.in |
| **Primary email** | contact@indialaw.in |
| **Primary phone** | +91 836-9995919 |
| **Contact form** | https://www.indialaw.in/connect/ |
| **Careers (separate channel)** | https://www.indialaw.in/careers/ |


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## All Offices (9 locations across 8 cities)

### 1. Mumbai — Registered Office & Head Office (Apeejay Chambers)

| | |
|---|---|
| **Address** | Apeejay Chambers, Ground Floor, Wallace Street, Fort, Mumbai – 400 001 |
| **Phone** | [022-6924-7400](tel:02269247400) |
| **Email** | contact@indialaw.in |
| **Page** | https://www.indialaw.in/mumbai/ |
| **Practice focus** | Litigation · Arbitration · Insolvency & Bankruptcy · Corporate · Banking · Real Estate · IP |
| **Notes** | The HQ. 5 partners based here. Handles PAN-India litigation, arbitration, corporate, banking, IP and real estate practice. Largest team across all offices. |

### 2. Mumbai — Non-Litigation Office (Excelsior, Fort)

| | |
|---|---|
| **Address** | 4th Floor, New Excelsior Theatre Pvt. Ltd., Amrit Keshav Nayak Marg, Fort, Mumbai – 400 001 |
| **Phone** | [022-697-40500](tel:022-697-40500) |
| **Email** | contact@indialaw.in |
| **Page** | https://www.indialaw.in/mumbai/ |
| **Practice focus** | Non-litigation only — consultations, negotiations, transactional work |
| **Notes** | Opened 2024. Litigation and arbitration remain at the Apeejay Chambers head office. |

### 3. Delhi

| | |
|---|---|
| **Address** | Flat No. 1107 & 1108, Prakashdeep Building, Tolstoy Marg, Connaught Place, New Delhi – 110 001 |
| **Phone** | (general line: +91 836-9995919) |
| **Email** | contact@indialaw.in |
| **Page** | https://www.indialaw.in/delhi/ |
| **Practice focus** | Litigation · Arbitration · Insolvency & Bankruptcy · Corporate · Banking · Real Estate |
| **Notes** | 3 partners based here. Located near the Supreme Court of India, Delhi High Court and other appellate bodies. |

### 4. Kolkata

| | |
|---|---|
| **Address** | Centre Point Building, Room No. 214, 2nd Floor, Premises No. 21, Hemanta Basu Sarani, Opp. Great Eastern Hotel, P.S. Hare Street, Kolkata – 700 001, West Bengal |
| **Phone** | [+91 33 4813 1001](tel:+913348131001) |
| **Email** | contact@indialaw.in |
| **Page** | https://www.indialaw.in/kolkata/ |
| **Practice focus** | Insolvency & Bankruptcy · Commercial & Civil Litigation · Arbitration · Banking Litigation · Real Estate · Labour & Employment · Consumer |
| **Notes** | Advises banks, NBFCs, MSMEs and corporates on transactions and dispute resolution. Works in close coordination with the Mumbai HO. |

### 5. Chennai

| | |
|---|---|
| **Address** | GF-A, 19 Casa Major Road, Egmore, Chennai – 600 008 |
| **Phone** | (general line: +91 836-9995919) |
| **Email** | contact@indialaw.in |
| **Page** | https://www.indialaw.in/chennai/ |
| **Practice focus** | Litigation · Insolvency & Bankruptcy · Real Estate |
| **Notes** | Full-fledged office with experienced legal team. Supported by Mumbai HO. |

### 6. Bengaluru (Bangalore)

| | |
|---|---|
| **Address** | INDIALAW LLP, No. 7 Chinnaswamy Mudaliar Road, Shivaji Nagar, Bangalore – 560 051 |
| **Phone** | [080-4167-2444](tel:08041672444) |
| **Email** | contact@indialaw.in |
| **Page** | https://www.indialaw.in/bengaluru/ |
| **Practice focus** | Litigation · Insolvency & Bankruptcy · Real Estate · Family Laws · Labour |
| **Notes** | Located near Bangalore High Court. Handles corporate, commercial, banking and matrimonial disputes. |

### 7. Hyderabad

| | |
|---|---|
| **Address** | 403, 4th Floor, Sanatana Ecstasy Building, beside Tanishq Show Room, Himayathnagar, Hyderabad – 500 029, Telangana |
| **Phone** | [040-6666-5166](tel:04066665166) |
| **Email** | contact@indialaw.in |
| **Page** | https://www.indialaw.in/hyderabad/ |
| **Practice focus** | Litigation · Banking · Insolvency & Bankruptcy · Real Estate |
| **Notes** | Particularly well known for complex banking matters and real estate transactions. |

### 8. Cochin (Kochi)

| | |
|---|---|
| **Address** | Second Floor, Pulikkal Building, K.K. Padmanabhan Road, Ernakulam North – 682 018, Kerala |
| **Phone** | [0484-3583961](tel:04843583961) |
| **Email** | contact@indialaw.in |
| **Page** | https://www.indialaw.in/cochin/ |
| **Practice focus** | Litigation · Insolvency & Bankruptcy · Real Estate |
| **Notes** | Commercial disputes, property litigation, financial-claim arbitrations and real estate transactions. |

### 9. Noida (NCR)

| | |
|---|---|
| **Address** | No. 16 & 17, Silver Offices, 17th Floor, Wave One, Sector 18, Noida – 201 301 |
| **Phone** | (general line: +91 836-9995919) |
| **Email** | contact@indialaw.in |
| **Page** | https://www.indialaw.in/noida/ |
| **Practice focus** | Aviation · Insurance · Mergers & Acquisitions · Corporate |
| **Office head** | **Mr. Dinesh Gupta** (joined August 2025 to lead and expand the corporate practice) |
| **Notes** | Newest office. Sector-focused on highly regulated industries serving NCR-based clients. |

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## Quick-Dial Phone List

| Office | Phone |
|---|---|
| Mumbai HO (Apeejay) | 022-6924-7400 |
| Mumbai Excelsior | 022-697-40500 |
| Kolkata | +91 33 4813 1001 |
| Bengaluru | 080-4167-2444 |
| Hyderabad | 040-6666-5166 |
| Cochin | 0484-3583961 |
| **General / Marketing line** | **+91 836-9995919** |

Delhi, Chennai and Noida route through the general number.

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## Social Channels

- LinkedIn: https://www.linkedin.com/company/indialaw
- X / Twitter: https://twitter.com/Indialawmumbai
- Facebook: https://www.facebook.com/indialawllp/
- Instagram: https://www.instagram.com/indialawllp

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