https://www.taxtmi.com/news?id=71694 Proposed amendments to the Companies Act and LLP Act seek to promote ease of doing business, reduce compliance burden, and decriminalise procedural defaults by replacing criminal provisions with civil penalties. The bill also proposes streamlined mergers and amalgamations, hybrid-mode meetings, flexibility in share buy-backs, simplified closure and voluntary exit, and easier compliance for small companies, startups, producer companies, and certain LLPs. en-us Mon, 23 Mar 2026 22:01:03 +0530 Mon, 23 Mar 2026 22:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=71694 Proposed amendments to the Companies Act and LLP Act seek to promote ease of doing business, reduce compliance burden, and decriminalise procedural defaults by replacing criminal provisions with civil penalties. The bill also proposes streamlined mergers and amalgamations, hybrid-mode meetings, flexibility in share buy-backs, simplified closure and voluntary exit, and easier compliance for small companies, startups, producer companies, and certain LLPs. News - Mon, 23 Mar 2026 22:01:03 +0530 https://www.taxtmi.com/news?id=71694