Navigating Legal Overlaps: Recalibrating The IBC With RERA, PMLA, And Competition Law In India’s Regulatory And Administrative Framework
- IJLLR Journal
- Dec 14, 2025
- 1 min read
Jayaditya Sharma, Symbiosis Law School, Noida
ABSTRACT
This research paper will be pivotally focused on the critical analysis of the Insolvency and Bankruptcy Code, 2016. The Insolvency and Bankruptcy Code, 2016, was introduced in India as a comprehensive mechanism to streamline insolvency resolution. The implementation of the IBC, 2016 commenced on 1-12-2016. However, its engagement with various sectoral laws such as the Real Estate (Regulation and Development) Act, 2016 (RERA), the Prevention of Money Laundering Act, 2002 (PMLA), and the Competition Act, 2002 has exposed critical legal overlaps and jurisdictional conflicts, these collisions raise important questions about legislative supremacy, regulatory coordination and the scope of the National Company Law Tribunal’s authority under the IBC. Since 2014, RBI has cracked down on several significantly on the bad loans situation accumulated in the banking system.
The government had tried to supplement the problem by very progressive and constructive initiatives such as the Joint Lenders Forum (JLF), Strategic Debt Restructuring (SDR), etc. However, these programmes, which have been exclusively launched by the problem, are not able to address the wide plethora of situations under various statutory laws. Although it has many advantages, this law also has lacunae that have caused mismanagement and inappropriate usage of code, but this is our central concern and propulsion towards an attempt to analyse the impact of IBC on the Indian economy.
