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2021 (6) TMI 194 - Tri - Insolvency and BankruptcyReduction of share capital - arrears of repayment of deposits or any interest thereon is there or not - section 66 of Companies Act, 2013 - HELD THAT:- Since there is neither Secured Creditor nor Unsecured Creditor of the Applicant Company. However, the Applicant Company is directed to make publication on or before 20.05.2021 in the newspapers one in English i.e. Business Standard (All India edition) and one in Vernacular i.e. Malai Malar (Tamilnadu edition) having wide circulation specifically containing the proposed reduction of share capital of the Company. A notice copy shall also be uploaded on the website of the Company indicating the details containing the proposed reduction of share capital of the Company. The Applicant Company is directed to file the proof of newspaper publication by way of an affidavit. The Registry is directed to place the matter before this Bench within 15 days after expiry of the 90 days period of notice.
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