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2020 (2) TMI 1408 - Tri - Companies LawReduction in Share Capital - Selective Reduction of shares - HELD THAT:- In view of the fact that all the shareholders have approved the reduction including shareholders whose shares are being cancelled and as per the law as laid down and as stated hereinabove, Petition for reduction of share capital is allowed - Since the requisite statutory procedure has been fulfilled, the company petition is made absolute in terms of the prayer clause of the Petition. The petitioner company undertakes to file certified copy of the order duly certified by the Assistant Registrar/Deputy Registrar, National Company Law Tribunal, Mumbai Bench with the Registrar of Companies within 30 days of receipt of this order - All concerned regulatory authorities to act on production of certified copy of this order to be issued on demand by the Assistant Registrar/Deputy Registrar, National Company Law Tribunal, Mumbai Bench - The minutes set forth hereto be and is hereby approved.
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