Delegated legislative power enables Central Government to prescribe rules, forms, fees and classes across the corporate regulatory framework under the Bill.

Delegation of legislative power to executive and regulatory bodies to operationalise the corporate regime by prescribing forms, procedures, classes, thresholds, fees and standards across the statutory scheme. The Bill confers delegated legislative power predominantly on the Central Government, and in specified domains on bodies such as the Securities and Exchange Board, the Reserve Bank and National Financial Reporting Authority, to frame rules, notifications and regulations necessary to give effect to provisions concerning incorporation, securities regulation, corporate governance, audit and accounts, registers and electronic filing, fees, tribunals and insolvency and winding up.

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