Companies (Share Capital and Debentures) Amendment Rules, 2022 amended Form No. SH-4 (Securities Transfer Form) .
Following declaration required to be given:
In Declaration:
Transferee is not required to obtain the Government approval under the Foreign Exchange Management (Non-debt Instruments) Rules, 2019 prior to transfer of shares;
or
Transferee is required to obtain the Government approval under the Foreign Exchange Management (Non-debt Instruments) Rules, 2019 prior to transfer of shares and the same has been obtained and is enclosed herewith.”
Refer below format:


Refer notification: