https://www.taxtmi.com/news?id=71670 The Corporate Laws (Amendment) Bill, 2026 proposes amendments to the Limited Liability Partnership Act, 2008 and the Companies Act to facilitate ease of doing business, ease compliance burdens, rationalise penalties, decriminalise certain minor corporate offences, and convert several procedural lapses from criminal liability to monetary penalties. It also seeks to streamline regulatory processes, reduce litigation, and improve the corporate compliance framework for companies and LLPs, including one person companies, small companies, startups, and producer companies. The Bill was referred to a joint parliamentary committee for detailed examination and recommendations. en-us Mon, 23 Mar 2026 14:01:03 +0530 Mon, 23 Mar 2026 14:01:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=71670 The Corporate Laws (Amendment) Bill, 2026 proposes amendments to the Limited Liability Partnership Act, 2008 and the Companies Act to facilitate ease of doing business, ease compliance burdens, rationalise penalties, decriminalise certain minor corporate offences, and convert several procedural lapses from criminal liability to monetary penalties. It also seeks to streamline regulatory processes, reduce litigation, and improve the corporate compliance framework for companies and LLPs, including one person companies, small companies, startups, and producer companies. The Bill was referred to a joint parliamentary committee for detailed examination and recommendations. News - Mon, 23 Mar 2026 14:01:03 +0530 https://www.taxtmi.com/news?id=71670