JPC on Corporate Laws (Amendment) Bill calls for views on bill from stakeholders

The Joint Committee examining the Corporate Laws (Amendment) Bill, 2026 informed Tuesday that it is calling for views, suggestions connected circumstantial clauses of the Bill from experts and manufacture stakeholders, among others.

The committee headed by subordinate of the Lok Sabha, Sudheer Gupta, would beryllium soliciting comments until June 22.

The projected legislation, which seeks to amend the Companies Act (2013) and the Limited Liability Partnership (LLP) Act, 2008, was introduced March 27 this twelvemonth and instantly referred to a Joint Parliamentary Committee (JPC) for elaborate examination.

It seeks to facilitate easiness of doing concern and code the gaps identified by the Company Laws committee successful their 2022 report.

The projected amendments are expected to rationalise penalties, enforce monetary penalties connected insignificant procedural lapses than categorising them arsenic transgression liabilities, and streamlining varied regulatory processes.