Home Case Index All Cases Companies Law Companies Law + Tri Companies Law - 2018 (9) TMI Tri This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2018 (9) TMI 2036 - NATIONAL COMPANY LAW TRIBUNAL, DIVISION BENCH, CHENNAIApplication for reduction of share capital - Section 66 (1) of the Companies Act, 2013 - HELD THAT:- The scheme of reduction of capital has been examined and it has been decided not to make any objection to the scheme and it is therefore prayed that this Tribunal may dispose of the application on merits and pass such order/orders as deemed fit and proper. In this case as per the provisions of the Companies Act, 2013, notices were issued to the statutory authorities as per the procedure prescribed. However, there was no objection to the Reduction of Share Capital under reference. The Application is allowed for reduction of the share capital of the Company.
|