City
Epaper

Govt seeks public comments to review Companies (Incorporation) Rules, filing framework rationalisation

By IANS | Updated: April 17, 2026 09:20 IST

New Delhi, April 17 The government on Friday said it is inviting public comments by May 9 for ...

Open in App

New Delhi, April 17 The government on Friday said it is inviting public comments by May 9 for reviewing the Companies (Incorporation) Rules, 2014 and for the rationalisation of the filing framework under the Companies Act, 2013.

A draft notification titled the Companies (Incorporation) Amendment Rules, 2026, proposing amendments to the Companies (Incorporation) Rules, 2014, has been prepared vide a public notice dated April 8.

“The notification is placed on the website www.mca.gov.in for information of stakeholders for the purpose of public consultations,” said Ministry of Corporate Affairs (MCA).

According to the ministry, suggestions and comments on the proposed amendments, along with brief justification, may be submitted through the e-Consultation Module available on the website by May 9, 2026.

The ministry, through the Indian Institute of Corporate Affairs (IICA), is also undertaking consultation to seek stakeholder inputs on the rationalisation of the filing/compliance framework under the Companies Act, 2013.

The concept note for the same is placed on the website for the information of stakeholders for the purpose of public consultation, which covers the full corporate lifecycle across three stages – entry, operations and exit. The last date to submit the comments is May 15, 2026, said the ministry.

Last month, the Lok Sabha gave its approval for referring the Corporate Laws (Amendment) Bill, 2026, to the Joint Parliamentary Committee (JPC) for further scrutiny.

Finance Minister Nirmala Sitharaman introduced the Bill, which aims to amend the Limited Liability Partnership Act, 2008 and the Companies Act, 2013, in the lower house of the Parliament and proposed that it be sent to the JPC for detailed analysis.

The Bill aims to facilitate ease of doing business, decriminalise minor offences, replace certain criminal provisions with civil penalties and reduce compliance burdens for small firms, startups, and produce companies set up by farmers.

Sitharaman highlighted that this legislation has been brought after two years of full deliberation. She said the opinion of the representatives from industry chambers, professional institutes, legal and accounting experts, and the public was taken and examined before introducing the Bill in the House.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

Other SportsWorld Squash mourns the demise of former chief Narayana Ramachandran

BusinessIndia’s equity net fund flows surge 11 pc in March led by manufacturing, infra

NationalCM Yadav to launch 'Ekatma Parv' at Omkareshwar; 5-day event to witness multiple religious activities

Politics"Greatest assault on the federal structure": DMK MP Kanimozhi criticises delimitation in Lok Sabha, says HM's assurance contrary to Bill

Maharashtra HSC, SSC Result 2026 Date: Class 10th and 12th Results Likely to Be Declared on These Dates

Business Realted Stories

BusinessGautam Adani overtakes Mukesh Ambani to become Asia's richest person on Bloomberg Billionaires Index

BusinessGlow by Kirtilals Shines Bright with New Showroom Launch in Madurai

BusinessLegal Infinix: Your Trusted Digital Partner for Legal, Tax & Business Compliance Solutions in India

BusinessGautam Adani becomes Asia’s richest person, surpasses Mukesh Ambani

BusinessParamatrix Technologies' 'PLAYMITY' Wins Best Product Innovation Award at BFSI Tech Summit