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of <h1>Amendment to Companies Rules: New Forms for Share Buy-Back Compliance, Effective Jan 2023.</h1> The Ministry of Corporate Affairs issued an amendment to the Companies (Share Capital and Debentures) Rules, 2014, effective from January 23, 2023. The amendment involves changes to sub-rule (14) of rule 17, requiring a declaration in Form No. SH.11, signed by two directors, certifying compliance with buy-back provisions. Additionally, new forms replace Form No. SH-7, SH-8, SH-9, and SH-11, while Form No. SH-15 is omitted. These changes are made under the powers conferred by various sections of the Companies Act, 2013.
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