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Lok Sabha committee reviews insolvency law changes
Mint Mumbai
|November 28, 2025
The revised bill is likely to be tabled in the second or third week of December.
India’s nine-year-old Insolvency and Bankruptcy Code (IBC) is set to see its biggest reform yet in the upcoming parliament session, with a select committee of the Lok Sabha holding consultations with government ministries on Thursday before finalizing its report, three persons familiar with the development said.
The Union ministries of corporate affairs, and housing and urban affairs were part of Thursday's meeting with the parliamentary committee, led by Bharatiya Janata Party’s Lok Sabha member Baijayant Panda.
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