Three parliamentary committee meetings begin in Delhi; Corporate laws, finance, energy sectors under discussion in Parliament
New Delhi, June 12
Three crucial parliamentary committee meetings commenced on Friday in New Delhi, focusing on the Corporate Laws Bill, finance, and the energy sector.
The Joint Committee on the Corporate Laws (Amendment) Bill, 2026, convened at 11:00 am in the Parliament House Annexe (PHA).
The agenda includes briefings by representatives from the Institute of Chartered Accountants of India (ICAI), Institute of Company Secretaries of India (ICSI), Institute of Cost Accountants of India (ICMAI), the Ministry of Commerce and Industry, Department for Promotion of Industry and Internal Trade (DPIIT), Directorate General of Foreign Trade (DGFT), Invest India, the Ministry of Micro, Small and Medium Enterprises (MSME), and National Institute of Micro, Small and Medium Enterprises (Ni-MSME).
Committee members Sudheer Gupta, Sanjay K Jha, and Magunta S Reddy were present for the meeting.
Simultaneously, the Parliamentary Standing Committee on Energy started at 11:00 am in the Extended Parliament House Annexe (EPHA).
The agenda of this meeting includes a briefing by representatives of the Ministry of Power and North Eastern Electric Power Corporation Limited (NEEPCO) on the subject "Role of Power Sector Statutory Bodies, PSUs and Institutions in development of Atmanirbhar Power Sector."
At the same time, the Parliamentary Standing Committee on Finance began its proceedings at 11:00 am in PHA. The session focuses on taking further evidence from the representatives of the Ministry of Finance (Department of Economic Affairs) for clause-by-clause examination of the Securities Market Code, 2025, followed by internal deliberations on the bill.
All three committees are actively engaged in detailed discussions and deliberations aimed at shaping policies and legislative reforms in their respective sectors.
— ANI
Reader Comments
Finally some focus on Securities Market Code! The retail investor boom in India needs better regulations. But I wish these committees had more public transparency - live streaming or at least detailed minutes would be great. Sab kuch bharosa karna padta hai 😅
Good initiative to include ICAI, ICSI, ICMAI in corporate law reforms. These professional bodies understand compliance challenges. But the MSME representation is crucial - our small businesses need simpler laws, not more complex ones. Let's hope the committee listens to Ni-MSME's inputs.
Interesting to see NEEPCO briefing on Atmanirbhar Power Sector. India's northeast has huge hydropower potential that remains untapped. If these committee meetings translate into actual policy changes, it could really transform energy access in the region. Fingers crossed! 🤞
Three committees running simultaneously - that's efficiency! But honestly, the Securities Market Code needs thorough scrutiny. After the recent market volatility, retail investors need stronger protections. Hope the Finance committee does a proper clause-by-clause examination, not just a formality.
The Corporate Laws Amendment Bill is long overdue. Current compliance burden is too high for startups and MSMEs. But I have one concern - why is DGFT and DPIIT also present? Hope this isn't about adding more red tape for exporters. Let the experts speak and the committee actually listen.
We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.