This document provides a comprehensive set of Frequently Asked Questions (FAQs) on the Insolvency and Bankruptcy Code, 2016. It has been revised in January 2022 to include the latest amendments, regulations, and judicial pronouncements. The FAQs are presented in a question-and-answer format, making complex legal provisions easier to understand. This resource is particularly useful for insolvency professionals, legal practitioners, and other stakeholders involved in the insolvency and bankruptcy ecosystem in India.