New Delhi, June 17 -- The government introduced the Corporate Laws (Amendment) Bill, 2026 in March 2026, proposing sweeping changes to the country's corporate regulatory framework.

The Bill has since been referred to a Joint Parliamentary Committee (JPC) for detailed examination.

The legislation proposes amendments to both the Companies Act, 2013 and the Limited Liability Partnership Act, 2008, drawing from the recommendations of the 2025 High Level Committee on Non-Financial Regulatory Reforms.

It targets four broad objectives: decriminalisation of minor procedural defaults by replacing criminal sanctions with civil penalties; streamlining compliance through rationalised thresholds, digitalisation and simplified processes for mergers ...