{"id":1396,"date":"2026-05-11T16:46:11","date_gmt":"2026-05-11T12:16:11","guid":{"rendered":"https:\/\/caalokkumar.com\/my-writing\/?p=1396"},"modified":"2026-05-11T16:46:15","modified_gmt":"2026-05-11T12:16:15","slug":"corporate-laws-amendment-bill-2026-companies-act-llp-act","status":"publish","type":"post","link":"https:\/\/caalokkumar.com\/my-writing\/corporate-laws-amendment-bill-2026-companies-act-llp-act\/","title":{"rendered":"From CSR to NFRA &#8211; Corporate Laws Amendment Bill 2026 &#8211; What Directors, Auditors and Startups Must Know"},"content":{"rendered":"\n<p><strong>Corporate Laws Amendment Bill 2026: Big Changes Proposed in Companies Act &amp; LLP Act<\/strong><\/p>\n\n\n\n<p>The&nbsp;<strong>Corporate Laws (Amendment) Bill, 2026<\/strong>&nbsp;was introduced in the Lok Sabha on&nbsp;<strong>23rd March, 2026<\/strong>&nbsp;as&nbsp;<strong>Bill No. 85 of 2026<\/strong>. The Bill seeks to amend two major corporate laws of India \u2014 the&nbsp;<strong>Limited Liability Partnership Act, 2008<\/strong>&nbsp;and the&nbsp;<strong>Companies Act, 2013<\/strong>.<\/p>\n\n\n\n<p>The Bill has been referred to a&nbsp;<strong>Joint Parliamentary Committee<\/strong>, and as per PRS Legislative Research, the Committee is required to submit its report by the last day of the first week of the Monsoon Session, 2026. (<a href=\"https:\/\/prsindia.org\/policy\/monthly-policy-review\/march-2026\">PRS Legislative Research<\/a>)<\/p>\n\n\n\n<p>This means that the amendments are&nbsp;<strong>not yet law<\/strong>. They will become applicable only after the Bill is passed by Parliament, receives Presidential assent, and the Central Government notifies the commencement date. The Bill itself provides that different provisions may come into force on different dates by notification in the Official Gazette.<\/p>\n\n\n\n<p>For businesses, startups, LLPs, auditors, directors, CFOs, compliance teams and professionals, this Bill is important because it proposes a major shift towards&nbsp;<strong>ease of doing business, digital compliance, decriminalisation of procedural defaults, stronger audit oversight and modernisation of corporate governance<\/strong>.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><strong>For professional assistance in company formation and corporate structuring, readers may refer to our <a href=\"https:\/\/caalokkumar.com\/company-llp-registration.html\">Company Registration &amp; LLP Formation Services<\/a>.<\/strong><\/p>\n<\/blockquote>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><strong>Why This Bill Has Been Introduced<\/strong><\/p>\n\n\n\n<p>The Statement of Objects and Reasons explains that the Companies Act, 2013 had earlier been amended in 2015, 2017, 2019 and 2020 to decriminalise certain offences, facilitate ease of doing business, rationalise compliance requirements and recognise new concepts. The LLP Act, 2008 was also amended in 2021 to promote ease of doing business and decriminalise certain offences.<\/p>\n\n\n\n<p>The 2026 Bill is based on the recommendations of the&nbsp;<strong>Company Law Committee Report, March 2022<\/strong>, stakeholder consultations and recommendations of the&nbsp;<strong>High Level Committee on Non-Financial Regulatory Reforms<\/strong>. The broad objectives are to promote ease of doing business and ease of living for corporates, simplify compliance for OPCs, small companies, startups and producer companies, improve regulatory efficiency, recognise new business concepts, and remove ambiguities.<\/p>\n\n\n\n<p>In simple words, the Bill attempts to make corporate law more practical and business-friendly, while also strengthening accountability in areas such as audit, valuation, investor protection and governance.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><strong>Key Highlights of the Corporate Laws Amendment Bill, 2026<\/strong><\/p>\n\n\n\n<p><strong>1. Further Decriminalisation of Corporate Defaults<\/strong><\/p>\n\n\n\n<p>One of the major objectives of the Bill is to decriminalise various procedural defaults under the Companies Act and LLP Act by replacing criminal provisions with civil penalties. The official Statement of Objects specifically mentions decriminalisation of procedural defaults as one of the central proposals of the Bill.<\/p>\n\n\n\n<p>This is a welcome move for genuine businesses because many technical or procedural non-compliances may be handled through monetary penalties instead of criminal prosecution. However, fraud, wilful misconduct and serious governance failures will continue to remain sensitive areas.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><strong>For companies requiring regular ROC and corporate compliance support, <a href=\"https:\/\/caalokkumar.com\/company-llp-registration.html\">our Companies Act Compliance &amp; Business Consulting Services<\/a> may be helpful.<\/strong><\/p>\n<\/blockquote>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><strong>2. Expansion of the Small Company Framework<\/strong><\/p>\n\n\n\n<p>The Bill proposes to increase the upper limits for the definition of a&nbsp;<strong>small company<\/strong>.<\/p>\n\n\n\n<p>At present, the Companies Act framework allows prescribed limits within an outer cap. The Bill proposes to increase the upper limit of:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>paid-up share capital from \u20b910 crore to \u20b920 crore; and<\/li>\n\n\n\n<li>turnover from \u20b9100 crore to \u20b9200 crore.<\/li>\n<\/ul>\n\n\n\n<p>This amendment is important because many more private companies may become eligible for small company benefits, depending on the final prescribed rules. Small companies generally enjoy easier compliance requirements, lower penalties and simplified governance obligations.<\/p>\n\n\n\n<p>This may particularly benefit closely held private companies, family-owned businesses, startups, professional companies and MSME-level corporates.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><strong>3. CSR Threshold Proposed to Be Relaxed<\/strong><\/p>\n\n\n\n<p>The Bill proposes significant changes in&nbsp;<strong>Section 135 of the Companies Act, 2013<\/strong>, dealing with Corporate Social Responsibility.<\/p>\n\n\n\n<p>The net profit threshold for mandatory CSR applicability is proposed to be increased from&nbsp;<strong>\u20b95 crore to \u20b910 crore or such sum as may be prescribed<\/strong>. The Bill also proposes to increase the time limit for transfer of unspent CSR amount relating to an ongoing project from&nbsp;<strong>30 days to 90 days<\/strong>.<\/p>\n\n\n\n<p>Another important relaxation is that companies having CSR obligation up to&nbsp;<strong>\u20b91 crore or such higher amount as may be prescribed<\/strong>&nbsp;may not be required to constitute a CSR Committee. Further, prescribed classes of companies fulfilling prescribed conditions may be exempted from complying with CSR provisions altogether.<\/p>\n\n\n\n<p>This will reduce compliance pressure on smaller and mid-sized companies while keeping CSR obligations focused on larger companies.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><strong>4. Auditor Appointment Exemption for Prescribed Companies<\/strong><\/p>\n\n\n\n<p>The Bill proposes to insert a new provision in&nbsp;<strong>Section 139<\/strong>&nbsp;stating that such class or classes of companies, fulfilling prescribed conditions, shall not be required to appoint auditors under Chapter X of the Companies Act.<\/p>\n\n\n\n<p>This is a major proposal and will need close attention when final rules are issued. The practical impact will depend entirely on which companies are prescribed for this exemption.<\/p>\n\n\n\n<p>At the same time, companies should not misunderstand this proposal as a general audit exemption for all small companies. Until the final law and rules are notified, existing audit requirements continue to apply.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><strong>For professional audit support, readers may refer to our <a href=\"https:\/\/caalokkumar.com\/audit-services.html\">Audit &amp; Assurance Services<\/a>.<\/strong><\/p>\n<\/blockquote>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><strong>5. Three-Year Restriction on Non-Audit Services by Outgoing Auditors<\/strong><\/p>\n\n\n\n<p>The Bill proposes an important amendment to&nbsp;<strong>Section 144<\/strong>&nbsp;of the Companies Act. It states that an auditor or audit firm of prescribed classes of companies shall not provide specified non-audit services directly or indirectly to the company, its holding company or subsidiary. More importantly, the restriction is proposed to apply for&nbsp;<strong>three years after completion of the auditor\u2019s term under Section 139(2)<\/strong>.<\/p>\n\n\n\n<p>This is a strong corporate governance proposal. It aims to preserve auditor independence even after completion of audit tenure. Companies and audit firms will need to carefully evaluate consulting, advisory, accounting, internal control, tax and related non-audit assignments before acceptance.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><strong>6. Flexibility in Buy-Back of Shares<\/strong><\/p>\n\n\n\n<p>The Bill proposes changes in&nbsp;<strong>Section 68<\/strong>&nbsp;relating to buy-back of shares.<\/p>\n\n\n\n<p>It proposes that prescribed classes of companies may be allowed to undertake buy-back up to such percentage of paid-up capital and free reserves as may be prescribed. It also proposes that prescribed companies may make up to&nbsp;<strong>two buy-back offers within one year<\/strong>, provided the second buy-back is not made earlier than&nbsp;<strong>six months<\/strong>&nbsp;from the closure of the preceding buy-back offer.<\/p>\n\n\n\n<p>This proposal can provide flexibility to companies having strong cash flows and surplus funds. However, the benefit will depend on the class of companies notified and the conditions prescribed by rules.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><strong>7. AGM and EGM Through Video Conferencing \/ OAVM<\/strong><\/p>\n\n\n\n<p>The Bill proposes to allow companies to hold&nbsp;<strong>Annual General Meetings<\/strong>&nbsp;physically or through video conferencing \/ other audio-visual means, either wholly or partly, subject to prescribed conditions.<\/p>\n\n\n\n<p>However, every company will be required to hold its AGM in physical mode at least once in every three years. The Bill also proposes similar flexibility for Extraordinary General Meetings.<\/p>\n\n\n\n<p>This is a practical reform because virtual and hybrid meetings have become a normal part of modern corporate governance. It will reduce cost, improve participation and make meetings more accessible, especially for companies with shareholders across different locations.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><strong>8. Fast-Track Mergers and Amalgamations to Become Easier<\/strong><\/p>\n\n\n\n<p>The Bill proposes to simplify procedures relating to mergers and amalgamations, including rationalisation of approval thresholds for fast-track mergers and enabling filing of applications before a single NCLT Bench having jurisdiction over the transferee company.<\/p>\n\n\n\n<p>For fast-track mergers, the Bill proposes that the scheme may be approved by a majority of members or class of members present and voting, holding at least&nbsp;<strong>75% in value of shares held by such members present and voting<\/strong>. It also proposes to reduce the creditor approval threshold from nine-tenths to at least three-fourths.<\/p>\n\n\n\n<p>This may reduce delays and procedural difficulties in genuine group restructuring, holding-subsidiary mergers, small company mergers and startup restructuring.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><strong>9. Stronger Role for NFRA<\/strong><\/p>\n\n\n\n<p>The Bill proposes to strengthen the role and powers of the&nbsp;<strong>National Financial Reporting Authority<\/strong>.<\/p>\n\n\n\n<p>It provides that NFRA may issue advisory, censure or warning, require additional professional training, and refer matters to the Central Government for action. The Bill also expands the meaning of \u201cprofessional or other misconduct\u201d to include contraventions relating to matters within NFRA\u2019s regulatory remit.<\/p>\n\n\n\n<p>The Bill also proposes new provisions for intimation of auditor registration details and filing of documents, returns or information with NFRA for specified companies or bodies corporate. Non-compliance may attract penalties.<\/p>\n\n\n\n<p>For auditors and large companies, this is one of the most important parts of the Bill. It signals a stronger audit oversight framework.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><strong>10. Valuation Authority and Registered Valuers<\/strong><\/p>\n\n\n\n<p>The Bill proposes to give a more structured role to the&nbsp;<strong>Valuation Authority<\/strong>. It provides for suspension or cancellation of registration of valuers and recognised valuers\u2019 organisations, penalty provisions, appeal mechanism and recommendation of valuation policies and standards.<\/p>\n\n\n\n<p>This proposal is important for corporate restructuring, mergers, share issuance, buy-back, ESOPs, insolvency-linked transactions and other valuation-sensitive matters.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><strong>11. LLP Act Changes: IFSC LLPs, AIFs and Conversion of Trusts into LLPs<\/strong><\/p>\n\n\n\n<p>The Bill proposes several important changes in the LLP Act, 2008.<\/p>\n\n\n\n<p>It introduces concepts such as&nbsp;<strong>International Financial Services Centre<\/strong>,&nbsp;<strong>IFSCA<\/strong>,&nbsp;<strong>permitted foreign currency<\/strong>, and&nbsp;<strong>Specified IFSC LLP<\/strong>. A Specified IFSC LLP will have to maintain its registered office at an IFSC and include the suffix \u201cInternational Financial Services Centre LLP\u201d in its name.<\/p>\n\n\n\n<p>The Bill also proposes relaxation for LLPs regulated by SEBI or IFSCA in relation to filing changes in LLP agreements and furnishing partner-change details on an annual basis. The official notes state that this is intended to facilitate setting up of&nbsp;<strong>Alternative Investment Funds in LLP form<\/strong>.<\/p>\n\n\n\n<p>Further, the Bill provides for conversion of specified trusts into LLPs. This applies to specified trusts established under the Indian Trusts Act, 1882 or a Central\/State Act, registered with SEBI or IFSCA, and engaged in prescribed activities. (<a href=\"https:\/\/prsindia.org\/policy\/monthly-policy-review\/march-2026\">PRS Legislative Research<\/a>)<\/p>\n\n\n\n<p>This is a significant reform for investment funds and regulated financial structures.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><strong>12. Self-Declarations Instead of Affidavits<\/strong><\/p>\n\n\n\n<p>The Bill proposes replacement of certain affidavits with self-declarations. This is specifically mentioned in the Statement of Objects and Reasons.<\/p>\n\n\n\n<p>This change may appear small, but practically it can reduce time, cost and documentation burden in MCA filings and corporate actions.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><strong>13. KMP Resignation Mechanism<\/strong><\/p>\n\n\n\n<p>The Bill proposes insertion of&nbsp;<strong>Section 203A<\/strong>&nbsp;regarding resignation of whole-time key managerial personnel who is not a director.<\/p>\n\n\n\n<p>A whole-time KMP may resign by giving notice in writing to the company, and the Board will be required to take note of the resignation and intimate the Registrar. If the company fails to intimate the Registrar, the KMP may forward a copy of resignation with detailed reasons to the Registrar.<\/p>\n\n\n\n<p>This is a practical and important protection for CFOs, company secretaries and other KMPs who may otherwise face difficulty where companies delay or avoid filing resignation-related forms.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><strong>Practical Impact for Businesses<\/strong><\/p>\n\n\n\n<p>The Bill has a direct impact on:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>private limited companies;<\/li>\n\n\n\n<li>LLPs;<\/li>\n\n\n\n<li>startups;<\/li>\n\n\n\n<li>small companies;<\/li>\n\n\n\n<li>producer companies;<\/li>\n\n\n\n<li>auditors and audit firms;<\/li>\n\n\n\n<li>independent directors;<\/li>\n\n\n\n<li>CFOs and KMPs;<\/li>\n\n\n\n<li>registered valuers;<\/li>\n\n\n\n<li>CSR-covered companies;<\/li>\n\n\n\n<li>companies planning mergers, restructuring or buy-back;<\/li>\n\n\n\n<li>AIFs and IFSC-based entities.<\/li>\n<\/ul>\n\n\n\n<p>The direction of reform is clear:&nbsp;<strong>less criminalisation for procedural defaults, more digital flexibility, easier restructuring, wider small-company benefits, but stronger governance expectations in audit, valuation and NFRA-regulated areas<\/strong>.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><strong>What Companies Should Do Now<\/strong><\/p>\n\n\n\n<p>Since the Bill is still under legislative consideration, companies should not make immediate compliance changes merely on the basis of the Bill. However, businesses should start preparing in the following manner:<\/p>\n\n\n\n<ol start=\"1\" class=\"wp-block-list\">\n<li>Review existing company law compliance status.<\/li>\n\n\n\n<li>Identify whether the company may fall under the expanded small company framework.<\/li>\n\n\n\n<li>Re-check CSR applicability if the proposed threshold becomes law.<\/li>\n\n\n\n<li>Review auditor independence and non-audit service arrangements.<\/li>\n\n\n\n<li>Track NFRA-related filing and regulatory developments.<\/li>\n\n\n\n<li>Review buy-back and restructuring plans in light of proposed flexibility.<\/li>\n\n\n\n<li>LLPs and AIF structures should review the proposed LLP Act amendments.<\/li>\n\n\n\n<li>Wait for final Act, notification and rules before implementing legal changes.<\/li>\n<\/ol>\n\n\n\n<p>For professional compliance review, readers may connect through our <a href=\"https:\/\/caalokkumar.com\/schedule-appointment.html\">Schedule Appointment \/ Request Call Back page.<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><strong>Conclusion<\/strong><\/p>\n\n\n\n<p>The&nbsp;<strong><a href=\"http:\/\/caalokkumar.com\/\">Corporate Laws (Amendment) Bill, 2026<\/a><\/strong>&nbsp;is a major corporate law reform proposal. It does not rewrite the Companies Act or LLP Act completely, but it proposes targeted amendments that can significantly affect compliance, audit, CSR, small companies, buy-back, mergers, NFRA powers, valuation and LLP structures.<\/p>\n\n\n\n<p>The Bill reflects a balanced approach:<br><strong>ease of doing business for genuine corporates, and stronger accountability where governance risk is higher.<\/strong><\/p>\n\n\n\n<p>However, businesses must remember that this is presently a&nbsp;<strong>Bill under Parliamentary scrutiny<\/strong>, not the final law. The final position may change after the Joint Parliamentary Committee report, Parliamentary approval, Presidential assent and Government notification.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><strong><a href=\"http:\/\/caalokkumar.com\">FAQ on Corporate Laws Amendment Bill 2026<\/a><\/strong><\/p>\n\n\n\n<p><strong>1. <a href=\"https:\/\/wealth4india.com\/company-formation.html\">What is the Corporate Laws Amendment Bill, 2026?<\/a><\/strong><\/p>\n\n\n\n<p>The Corporate Laws Amendment Bill, 2026 is a Bill introduced in Lok Sabha to amend the Companies Act, 2013 and the LLP Act, 2008.<\/p>\n\n\n\n<p><strong>2. Has the Corporate Laws Amendment Bill, 2026 become law?<\/strong><\/p>\n\n\n\n<p>No. As per current available updates, the Bill has been introduced and referred to a Joint Parliamentary Committee. It will become law only after being passed by Parliament, receiving Presidential assent and being notified.<\/p>\n\n\n\n<p><strong>3. What are the major changes proposed in the Companies Act?<\/strong><\/p>\n\n\n\n<p>Major proposals include changes in CSR thresholds, small company limits, buy-back provisions, AGM\/EGM through VC\/OAVM, auditor-related provisions, NFRA powers, valuation framework and fast-track merger approval thresholds.<\/p>\n\n\n\n<p><strong>4. What changes are proposed for LLPs?<\/strong><\/p>\n\n\n\n<p>The Bill proposes changes relating to IFSC LLPs, permitted foreign currency, SEBI\/IFSCA-regulated LLPs, AIFs in LLP form and conversion of specified trusts into LLPs.<\/p>\n\n\n\n<p><strong>5. Will small companies get more compliance relaxation?<\/strong><\/p>\n\n\n\n<p>Yes, the Bill proposes to increase the upper limits for small companies and provide further compliance relaxations, subject to final enactment and rules.<\/p>\n\n\n\n<p><strong>6. Will CSR applicability change?<\/strong><\/p>\n\n\n\n<p>The Bill proposes to increase the net profit threshold for CSR from \u20b95 crore to \u20b910 crore or such sum as may be prescribed, along with other CSR-related relaxations.<\/p>\n\n\n\n<p><strong>7. Can companies hold AGM through video conferencing after this Bill?<\/strong><\/p>\n\n\n\n<p>The Bill proposes to allow AGM through video conferencing or other audio-visual means, subject to prescribed conditions, but requires at least one physical AGM every three years.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><strong><a href=\"http:\/\/caalokkumar.com\" target=\"_blank\" rel=\"noreferrer noopener\">Corporate Laws Amendment Bill 2026, Companies Act Amendment 2026, LLP Act Amendment 2026, CSR amendment 2026, small company definition 2026, NFRA powers, Companies Act compliance, LLP compliance, company law amendments India<\/a><\/strong><\/p>\n\n\n\n<p>#CorporateLawsAmendmentBill2026 #CompaniesAct2013 #LLPAct2008 #CompanyLaw #CorporateCompliance #CSRCompliance #NFRA #AuditCompliance #SmallCompanies #LLPCompliance #ROCCompliance #CAAlokKumar #CorporateGovernance #EaseOfDoingBusiness<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The\u00a0Corporate Laws (Amendment) Bill, 2026\u00a0was introduced in the Lok Sabha on\u00a023rd March, 2026\u00a0as\u00a0Bill No. 85 of 2026. The Bill seeks to amend two major corporate laws of India \u2014 the\u00a0Limited Liability Partnership Act, 2008\u00a0and the\u00a0Companies Act, 2013. The Bill has been referred to a\u00a0Joint Parliamentary Committee, and as per PRS Legislative Research, the Committee is required to submit its report by the last day of the first week of the Monsoon Session, 2026.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[938],"tags":[929,933,937,934,931,935,930,932,936],"class_list":["post-1396","post","type-post","status-publish","format-standard","hentry","category-corporate-laws-amendment-bill-2026","tag-companies-act-amendment-2026","tag-companies-act-compliance","tag-company-law-amendments-india","tag-corporate-laws-amendment-bill-2026","tag-csr-amendment-2026","tag-llp-act-amendment-2026","tag-llp-compliance","tag-nfra-powers","tag-small-company-definition-2026"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>From CSR to NFRA - Corporate Laws Amendment Bill 2026 - What Directors, Auditors and Startups Must Know - CA ALOK KUMAR<\/title>\n<meta name=\"description\" content=\"Corporate Laws Amendment Bill, 2026 proposes important changes in Companies Act, 2013 and LLP Act, 2008 covering CSR, small companies, audit, NFRA, buy-back, mergers, LLPs and corporate compliance in India.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/caalokkumar.com\/my-writing\/corporate-laws-amendment-bill-2026-companies-act-llp-act\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"From CSR to NFRA - Corporate Laws Amendment Bill 2026 - What Directors, Auditors and Startups Must Know - CA ALOK KUMAR\" \/>\n<meta property=\"og:description\" content=\"Corporate Laws Amendment Bill, 2026 proposes important changes in Companies Act, 2013 and LLP Act, 2008 covering CSR, small companies, audit, NFRA, buy-back, mergers, LLPs and corporate compliance in India.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/caalokkumar.com\/my-writing\/corporate-laws-amendment-bill-2026-companies-act-llp-act\/\" \/>\n<meta property=\"og:site_name\" content=\"CA ALOK KUMAR\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ca.aloknandan\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/ca.aloknandan\" \/>\n<meta property=\"article:published_time\" content=\"2026-05-11T12:16:11+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-05-11T12:16:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/caalokkumar.com\/my-writing\/wp-content\/uploads\/2024\/07\/77835prc62484-1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"134\" \/>\n\t<meta property=\"og:image:height\" content=\"100\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"CA ALOK KUMAR\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"CA ALOK KUMAR\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"11 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/caalokkumar.com\/my-writing\/corporate-laws-amendment-bill-2026-companies-act-llp-act\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/caalokkumar.com\/my-writing\/corporate-laws-amendment-bill-2026-companies-act-llp-act\/\"},\"author\":{\"name\":\"CA ALOK KUMAR\",\"@id\":\"https:\/\/caalokkumar.com\/my-writing\/#\/schema\/person\/6ea496b3e634d37b3de236ed1bfaf657\"},\"headline\":\"From CSR to NFRA &#8211; 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