Which code provides the statutory framework for insolvency resolution since 2016?

The Insolvency and Bankruptcy Code (IBC) was enacted in 2016 to create a comprehensive legal framework for the resolution of insolvency in India. This law consolidates and streamlines the existing insolvency laws and introduces a structured process for the resolution of insolvent entities, which includes both individuals and companies.

The IBC is significant because it offers a time-bound process for the resolution, aiming to promote the ease of doing business by providing clarity and expeditious handling of insolvency matters. It integrates various previous laws and provisions related to insolvency and bankruptcy, making the process much more efficient and predictable.

The other options do not provide the correct context in the framework of insolvency resolution. The Bankruptcy Code is not the formal name of the legislation enacted in 2016. The Securities Regulation Code primarily deals with securities markets and does not cover insolvency matters. The Companies Act, while important for corporate governance and operation, does not specifically address insolvency resolution mechanisms in the way the IBC does. Therefore, the correct choice reflects the specific and focused nature of the IBC in addressing insolvency issues since its implementation.