The Economic Times

JPC weighs key changes to Corporate Laws Bill, reviews AIF-to-LLP conversion and CSR norms

A parliamentary panel is examining changes to corporate law amendments. Investors may become partners in newly formed LLPs instead of trustees. The committee also debates proposed relaxations in corporate social responsibility norms. A framework for overseas companies to re-domicile in India is under consideration. The panel expects to adopt its report in early August for parliamentary review.