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"There is a certain decorum of Lok Sabha, of the Parliament...For the first time, I saw that Deputy Leader of Congress Gaurav Gogoi picked up papers, handed them over to MPs and told them to tear them up," said Jagdambika Pal, on Tuesday. These comments followed after the introduction of the Insolvency and Bankruptcy Code (Amendment) Bill, 2025, in the Lok Sabha during the Monsoon Parliament Session on Tuesday, during which the Deputy Congress Leader, Gaurav Gogoi's behaviour came to notice.Speaking further on the decorum of Parliament, Pal, taking a jibe at Gaurav Gogoi, said, "If the Deputy Leader makes MPs throw pieces of paper towards the Chair...there was sloganeering against the Chair...I said this is unfortunate because the entire nation is watching you..." A bill that introduced a "creditor-initiated insolvency resolution process" with an out-of-court initiation mechanism for genuine business failures to facilitate faster and more cost-effective insolvency resolution was introduced in the Lok Sabha on Tuesday.Finance Minister Nirmala Sitharaman introduced the Insolvency and Bankruptcy Code (Amendment) Bill, 2025, amid uproar by opposition members over their demand for debate on the Special Intensive Revision (SIR) of electoral rolls in Bihar. Sitharaman proposed sending the Insolvency and Bankruptcy Code (Amendment) Bill, 2025, to a Select Committee. The House approved the motion.According to the statement of Objects and Reasons of the bill, the proposed amendments aim to reduce delays, maximise value for all stakeholders, and improve governance of all processes under the Code. They seek to modify existing provisions to better align with the overall objectives of the Code and to introduce new provisions that follow global best practices for resolving insolvency. The cross-border insolvency framework seeks to lay the foundation for protecting stakeholder interests in domestic and foreign proceedings, promoting investor confidence and aligning domestic practices with international best practices. This will also pave the way for improved recognition of Indian insolvency proceedings in other jurisdictions, the statement said.