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<h1>Govt Amends Rule 11 in Companies Act: 'Financing of Companies' Now 'Financing Industrial Enterprises.</h1> The Central Government has amended the Companies (Meetings of Board and its Powers) Rules, 2014, under the Companies Act, 2013. Effective upon publication in the Official Gazette, the amendment changes the wording in Rule 11, sub-rule (2), from 'business of financing of companies' to 'business of financing industrial enterprises.' This amendment is part of a series of modifications to the original rules published in 2014 and subsequently amended multiple times.