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2020 (10) TMI 1246

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..... pleadings, this Application is allowed. Accordingly this Application is allowed. - CA No. 1082/MB/2020 in CP No. 3733/(MB)/2019 - - - Dated:- 6-10-2020 - V. NALLASENAPATHY, MEMBER (T) AND JANAB MOHAMMED AJMAL, MEMBER (J) ORDER The work of the Tribunal has been closed due to Covid-19 pandemic as per letter dated 22.03.2020 and subsequent follow up orders of the Principal Bench, Nat .....

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..... n 13/05/2020. Subsequently shareholders of the Company in their Extraordinary General Meeting held on 13/05/2020 have approved this Reduction. Thus the Applicant is before us with this Application for amending the Company Petition for Reduction of Share Capital from ₹ 600 Crores to ₹ 300 Crores. On being satisfied with the submissions and explanation given in the pleadings, we are i .....

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