Government Invites Public Feedback on Companies Incorporation Rules Review
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Key Takeaways
New Delhi, April 17 (NationPress) – The government has announced that it will be accepting public feedback until May 9 regarding the review of the Companies (Incorporation) Rules, 2014 and the rationalisation of the filing framework under the Companies Act, 2013.
A draft notification named the Companies (Incorporation) Amendment Rules, 2026, which outlines proposed changes to the Companies (Incorporation) Rules, 2014, has been released via a public notice dated April 8.
The Ministry of Corporate Affairs (MCA) stated, “The notification is available on our website www.mca.gov.in for stakeholders to access during public consultations.”
The ministry encourages stakeholders to submit their suggestions and feedback on the proposed amendments along with a brief justification through the e-Consultation Module on the website by May 9, 2026.
Additionally, the ministry, through the Indian Institute of Corporate Affairs (IICA), is seeking stakeholder input on the rationalisation of the filing/compliance framework under the Companies Act, 2013. The concept note is available on the website for public consultation, focusing on the entire corporate lifecycle across three phases: entry, operations, and exit. The deadline for submitting comments is May 15, 2026, the ministry added.
Last month, the Lok Sabha approved the referral of the Corporate Laws (Amendment) Bill, 2026 to the Joint Parliamentary Committee (JPC) for further examination.
The Finance Minister Nirmala Sitharaman introduced the Bill, which proposes amendments to the Limited Liability Partnership Act, 2008 and the Companies Act, 2013, in the lower house of Parliament, suggesting it be sent to the JPC for in-depth analysis.
This legislation aims to enhance the ease of doing business, decriminalise minor offences, replace certain criminal provisions with civil penalties, and alleviate compliance burdens for small firms, startups, and agricultural producers.
Sitharaman emphasized that this legislation was developed after two years of comprehensive discussions. She noted that the views of industry representatives, professional organizations, legal and accounting experts, and the public were gathered and considered prior to presenting the Bill in the House.