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Parliament Winter Session LIVE Updates: Follow all the latest updates from Parliament as government and opposition debate key issues
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A Parliamentary panel on Tuesday suggested a raft of measures to improve the insolvency law framework, including putting in place an advance ruling mechanism that will provide legal clarity at the pre-admission stage and help reduce unnecessary litigations. Besides, the committee has proposed integration of mediation as an alternative dispute resolution mechanism, as that can bring down the burden on the adjudicating authorities concerned in resolving the stressed assets under the Insolvency and Bankruptcy Code (IBC).
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Topics :Nirmala SitharamanParliament winter sessionParliamentModi govtLok SabhaRajya Sabha
First Published: Dec 02 2025 | 9:24 AM IST