2021 (3) TMI 995 - NATIONAL COMPANY LAW TRIBUNAL , MUMBAI BENCH - Corporate Laws

Head Note / Extract:
Reduction of Equity and Preference Share Capital and approving minutes - HELD THAT:- The petitioner has undertaken to publish Notice of Registration of Order confirming reduction of share capital and Minutes thereof in two local newspapers in which notice of hearing of Petition is published, within 14 days of its registration - Since the requisite statutory procedure has been fulfilled, the Company Petition is made absolute in terms of the prayer clause of the Petition. The form of minutes set forth herewith be and is hereby approved. The issued, subscribed and paid-up equity share capital of BBM Heavy Machinery Private Limited (post-capital reduction) shall be ₹ 6,35,33,800/- divided into 63,53,380 equity shares of ₹ 10 each.