Corporate Laws (Amendment) Bill, 2026: Transforming India's M&A And Capital Structuring Framework

I. EXECUTIVE SUMMARY 

On March 23, 2026, Finance and Corporate Affairs Minister Nirmala Sitharaman introduced the Corporate Laws (Amendment) Bill, 2026 (Bill No. 85 of 2026) (“Bill”) in the Lok Sabha. The Bill was subsequently referred to a Joint Parliamentary Committee (“JPC”) for detailed examination. The Bill proposes amendments to the Limited Liability Partnership Act, 2008 and the Companies Act, 2013 (“Act”) across 107 clauses, with a stated objective of facilitating greater ease of doing business, decriminalising procedural defaults, and modernising the corporate governance framework.

From a restructuring perspective, the Bill introduces a series of structurally significant amendments that have the potential to materially reduce the time, cost, and complexity associated with corporate and capital restructurings. This article analyses the proposed changes to Sections 230–233 (NCLT-sanctioned schemes and fast-track schemes), Section 68 (buy-back of shares) and the newly