The Corporate Laws (Amendment) Bill, 2026, introduced in March 2026, seeks to amend which two Acts?
Companies Act, 2013, and Limited Liability Partnership Act, 2008
Corporate laws administered by the Ministry of Corporate Affairs govern how companies and limited liability partnerships are formed, run and closed. The two principal statutes are the Companies Act, 2013, and the Limited Liability Partnership Act, 2008.
The Corporate Laws (Amendment) Bill, 2026, introduced in March 2026, seeks to amend both of these Acts together, aiming to ease compliance and improve ease of doing business for companies and LLPs.
The Securities Contracts (Regulation) Act, 1956, deals with stock exchanges and securities trading and is administered through the finance ministry and SEBI. The Competition Act, 2002, and the Insolvency and Bankruptcy Code, 2016, are amended through their own separate legislation; this corporate laws bill pairs the Companies Act with the LLP Act.
Hence, Companies Act, 2013, and Limited Liability Partnership Act, 2008.
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