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2021 (3) TMI 1374 - Tri - Companies LawReduction of Share Capital - section 66 read with section 52 of the Companies Act, 2013 - HELD THAT:- The Petitioner Company submitted that the Company has complied with all statutory requirements as per the directions of the Tribunal vide its order dated 22.01.2020 and has filed necessary affidavits to that effect with the Tribunal. Moreover, the Company also undertakes to comply with statutory requirements, if any, under the Act and the Rules made thereunder, as would be applicable. The undertaking given by the Petitioner Company is accepted. Since the requisite statutory procedure has been fulfilled, the Company Petition is made absolute in terms of prayer made in the Petition - Application allowed.
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