New Delhi, March 23 -- Union finance minister Nirmala Sitharaman is set to introduce a bill to amend corporate laws in the Lok Sabha on Monday for further ease of doing business, decriminalise minor offences, replace certain criminal provisions with civil penalties and reduce compliance burdens for small firms, startups and produce companies set up by farmers. According to the Lok Sabha's agenda for Monday, the finance minister is scheduled to introduce the Corporate Laws (Amendment) Bill, 2026 "to amend" the Limited Liability Partnership (LLP) Act, 2008 and the Companies Act, 2013. While the Company Act deals with incorporation, governance, disclosures and dissolution of a firm, more flexible LLP Act provides limited liabilities for partne...