Companies Act amendment streamlines section 222 by revising the opening wording and omitting sub-section two. Section 222 of the Companies Act, 2013 is amended by substituting the word 'Where' for the existing bracketed introductory wording in sub-section (1), and by omitting sub-section (2) in full. The amendment streamlines the provision by retaining the opening condition in revised form while deleting the second sub-section from the statutory text.