A Joint Parliamentary Committee is reviewing key provisions in the Corporate Laws (Amendment) Bill, 2026, with attention focused on investment structures and compliance rules. The panel is examining whether changes are needed before the proposed amendments move ahead.
One of the main issues under discussion is the framework for converting Alternative Investment Funds into limited liability partnerships. As part of that review, lawmakers are considering a model under which investors in newly formed LLPs could be treated as partners instead of trustees.
The committee is also debating proposed relaxations in corporate social responsibility norms. Any change in this area could affect how companies interpret their CSR obligations and how flexibly those requirements are applied under the updated law.
Taken together, the discussions suggest the panel is trying to balance ease of doing business with oversight and accountability. Its recommendations could shape the final form of the bill and influence how companies, funds and investors adapt to the new corporate law framework.
