---
title: "IBBI (Insolvency Professionals) (Second Amendment) Regulations, 2025 : An analysis"
date: 2025-11-24
author: "Shrishail Kittad"
url: https://www.indialaw.in/blog/insolvency-bankruptcy/ibbi-2025-insolvency-professionals-assignment-cap-explained/
---

# IBBI (Insolvency Professionals) (Second Amendment) Regulations, 2025 : An analysis

Posted On - 24 November, 2025 •

By - [Shrishail Kittad](https://www.indialaw.in/people/adv-shrishail-kittad/ "Posts by Shrishail Kittad") and [Rahul Sundaram](https://www.indialaw.in/people/rahul-sundaram/ "Posts by Rahul Sundaram")

[![IBBI (Insolvency Professionals) (Second Amendment) Regulations, 2025 : An analysis](https://www.indialaw.in/wp-content/uploads/bv-v-sppkae.jpg)](https://www.indialaw.in/wp-content/uploads/bv-v-sppkae.jpg)

The Insolvency and Bankruptcy Board of India (“Board”), vide Notification No. IBBI/2025-26/GN/REG132 dated 20 November 2025 and published in the Gazette of India on 21 November 2025, has promulgated the Insolvency and Bankruptcy Board of India (Insolvency Professionals) (Second Amendment) Regulations, 2025 (“Amendment Regulations”). The instrument is the second set of amendments made to the Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016 (“Principal Regulations”) in the current calendar year and takes effect ex nunc.

The Amendment Regulations are issued under the composite powers conferred by Sections 196, 207 and 208 read with Section 240 of the Insolvency and Bankruptcy Code, 2016 (“Code”)..

## Substantive Amendments 

**1. Insertion of Regulation 7B – Quantitative Ceiling on Assignments **

   A new Regulation 7B has been grafted into the Principal Regulations immediately after the existing Regulation 7A. The provision enacts an absolute numerical cap: 

   (i) An insolvency professional who is not an “insolvency professional entity” shall not, at any point of time, hold more than ten concurrent assignments in the aggregate. 

   (ii) The cap subsumes every capacity in which the professional may be appointed – interim resolution professional, resolution professional in a corporate insolvency resolution process, and liquidator in a liquidation process. 

   (iii) Within the overall limit of ten, not more than three assignments may relate to processes where the admitted claims exceed one thousand crore rupees each. 

   (iv) A non-obstante proviso protects pre-existing engagements: professionals who, on the commencement date, exceed the prescribed thresholds are debarred from accepting any fresh assignment until their live tally falls below the ceiling.

**2. Amendment to the Code of Conduct (First Schedule) **

   (i) Clause 6 – The expression “the approval of the Board” has been substituted by “the prior approval of the Adjudicating Authority”, thereby transferring the locus of sanction from the executive regulator to the jurisdictional Bench of the National Company Law Tribunal. 

   (ii) Clause 22 – shall be omitted

## Juridical Implications 

The Amendment Regulations herald a paradigm shift from self-declared workload management to a hard statutory ceiling. The twin levers – quantitative cap and re-allocation of approval authority – are evidently designed to mitigate timeline slippages and enhance fiduciary oversight. Professionals already breaching the limit face an immediate moratorium on new appointments, with attendant consequences under Section 220 of the Code for non-compliance.

## Concluding Observations 

By compressing the permissible portfolio of individual IPs and reposing critical approvals with the Adjudicating Authority, the Board has signalled its intent to prioritise qualitative compliance over numerical expansion. Stakeholders must promptly audit existing mandates, re-calibrate engagement pipelines and embed the revised thresholds within internal risk frameworks to avert regulatory exposure.

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

Disclaimer - This article is intended for general informational purposes and does not constitute legal advice. Readers should seek specific legal counsel in relation to their individual circumstances.

[Download PDF](https://www.indialaw.in/blog/insolvency-bankruptcy/ibbi-2025-insolvency-professionals-assignment-cap-explained//pdf/)

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

---

# IndiaLaw LLP — Offices & Contact Details

---

## 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/ |


---

## 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. |

---

## 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.

---

## 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

---