The government has announced that it is seeking public feedback on proposed amendments to the Companies (Incorporation) Rules, 2014 and the rationalization of the filing framework under the Companies Act, 2013. Interested stakeholders are invited to provide suggestions and comments on the amendments by May 9, 2026, through the e-Consultation Module available on the website www.mca.gov.in.
The Ministry of Corporate Affairs (MCA) has released a draft notification titled the Companies (Incorporation) Amendment Rules, 2026, for public review. The ministry emphasized that the notification is available on the website for stakeholders to participate in the public consultations regarding the proposed changes.
In addition to the public feedback on the Companies (Incorporation) Rules, 2014, the ministry, in collaboration with the Indian Institute of Corporate Affairs (IICA), is engaging in consultations to gather stakeholder inputs on streamlining the filing and compliance framework under the Companies Act, 2013. The consultation process covers various aspects of the corporate lifecycle, including entry, operations, and exit stages.
The last date for submitting comments on the rationalization of the filing/compliance framework is May 15, 2026. Furthermore, the Lok Sabha recently approved the referral of the Corporate Laws (Amendment) Bill, 2026, to the Joint Parliamentary Committee (JPC) for further examination. Finance Minister Nirmala Sitharaman presented the Bill in the lower house of Parliament, aiming to amend the Limited Liability Partnership Act, 2008, and the Companies Act, 2013.
Sitharaman highlighted that the Bill intends to simplify business processes, decriminalize minor offenses, replace criminal provisions with civil penalties, and reduce compliance burdens for small firms, startups, and produce companies established by farmers. The legislation, developed after thorough deliberation over two years, reflects inputs from industry chambers, professional institutes, legal and accounting experts, and the public.
