Finance Minister Nirmala Sitharaman introduced the Corporate Laws Amendment Bill 2026 in the Lok Sabha. The bill plans changes to the Companies Act, 2013 and the Limited Liability Partnership Act, 2008. These changes aim to improve corporate governance and make rules simpler for businesses.

The committee will study the bill carefully. Members will review each clause. They will also meet experts and industry groups. After the review, the panel will submit its report to Parliament.

The government says the amendments will reduce compliance pressure on companies. The bill will also remove criminal penalties for some minor procedural offences. Officials believe the reforms will help startups and support business growth in India.

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Pappu Yadav said that social media affects daily life in many ways. He added that some apps create division in society based on caste, religion, language, and gender. He argued that problems should be solved early, not after lives are damaged.

As Yadav continued speaking, Birla interrupted him with a smile. He said, “These days you leave Bihar and talk about international issues.” The House responded with laughter. Birla then asked him to complete his question.

Union Minister Ashwini Vaishnav replied that the government has brought new rules. He said that action now happens within 36 hours. He also mentioned a new rule to tackle AI-based deepfake content. He stated that the government aims to protect democracy while also supporting free expression.

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West Bengal Chief Minister Mamata Banerjee also conveyed her greetings and released a special note wishing Revanth continued success and well-being.

Several other dignitaries, including Punjab Governor Gulab Chand Kataria, Telangana Governor C.P. Radhakrishnan, and Lok Sabha Speaker Om Birla, extended their warm wishes to the Chief Minister. They expressed hopes for his continued leadership and good health.

Union Minister Bandi Sanjay Kumar shared heartfelt wishes, praying that divine blessings always remain with Revanth Reddy. He expressed hope that the Chief Minister continues to serve the people of Telangana with strength and dedication. The wave of greetings reflected Revanth Reddy’s growing influence and goodwill among leaders across the nation.

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During the session, Birla showcased India’s leadership in climate action. He noted that carbon intensity reduction targets were met ahead of schedule. He also cited initiatives such as the Green Hydrogen Mission and solar parks, emphasizing sustainable growth and environmental responsibility.

The Speaker stressed India’s progress in digital transformation, women and youth empowerment, and citizen engagement. These efforts have strengthened transparency, inclusivity, and sustainability in governance. Birla shared updates on India’s technological and democratic advancements with global parliamentary leaders during the conference sessions.

Birla attended the opening ceremony and met Speakers and parliamentarians from across the world. The Indian delegation includes Rajya Sabha Deputy Chairman Harivansh Narayan Singh, MPs Anurag Sharma, D. Purandeswari, K. Sudhakar, Rekha Sharma, Ajeet Madhavrao Gopchade, and Secretaries-General Utpal Kumar Singh and P.C. Mody. He is also scheduled to meet Barbados leadership and the Indian diaspora during the visit.

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He noted that recent sessions have seen frequent disruptions, sloganeering, and exchanges that drift away from constructive dialogue. According to him, such behaviour erodes public faith in institutions meant to represent the people. “Freedom of expression is a right, but it should be exercised responsibly. Dignity of the House is above partisan politics,” Birla stressed.

The Speaker also highlighted the rising role of parliamentary committees, which he believes are still able to function with seriousness and relative decorum. Committees, he said, give members the chance to discuss issues in detail and across party lines, offering a model that should be emulated in the main chambers of legislatures as well.

Drawing on history, Birla invoked the example of Vitthalbhai Patel, India’s first elected Speaker of the Central Legislative Assembly, whose impartiality and respect for procedure helped set high standards for parliamentary conduct. Birla urged today’s lawmakers to uphold those traditions and to prioritize the public good over political point-scoring.

He also appealed to political parties, MPs, and MLAs to commit themselves to meaningful debates that address citizens’ concerns such as development, employment, and welfare. Maintaining the dignity of legislatures, he said, is essential for strengthening democracy and ensuring that citizens continue to trust their representatives.

The remarks come at a time when sessions of both Parliament and several state assemblies have been repeatedly disrupted, drawing criticism from the public and civil society groups.

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