Finance Minister Nirmala Sitharaman is slated to introduce a bill in the Lok Sabha on Monday to amend key corporate laws, according to the House agenda. The proposed Corporate Laws (Amendment) Bill, 2026 seeks changes to the Limited Liability Partnership Act, 2008 and the Companies Act, 2013.

The Companies Act governs incorporation, corporate governance, disclosures and dissolution, while the LLP Act offers a more flexible framework with limited liability for partners, people familiar with the matter said, speaking on condition of anonymity.

The Union Cabinet approved the bill on March 10.