"The next three days in Parliament are extremely crucial... I am going to be pushing for the insolvency and bankruptcy law before Parliament in the next three days," Jaitley said.

Referring to the Arbitration and Conciliation Bill, which has already been passed by the Lok Sabha, he said the new legislation provides for a fast-track mechanism to complete adjudication. The Bill would come up before the Rajya Sabha in these three days.

As for setting up of the commercial courts Bill, Jaitley said it sought to expedite resolution of commercial disputes pending in courts for years and decades. This too will be brought to the Rajya Sabha.

 

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