Home Case Index All Cases Companies Law Companies Law + HC Companies Law - 2016 (7) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2016 (7) TMI 1654 - HC - Companies LawReduction of share capital - procedure prescribed under Section 101(2) of the Companies Act, 1956 was dispensed with - HELD THAT:- The Petitioner Company states that the Petitioner has complied with all the statutory requirements as per the directions of this Court and they have filed necessary affidavit of compliance in the Court. Moreover, Petitioner Company also undertakes to comply with statutory requirements, if any, as required under the Companies Act, 1956 and the Rules made thereunder. No objector has come forward to oppose the proposed reduction. Since the requisite statutory procedure has been fulfilled, the Company Scheme Petition is made absolute - Application allowed.
|