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2016 (4) TMI 1459 - HC - Companies LawReduction of Equity Share Capital - procedure prescribed under Section 101(2) of the Companies Act dispensed with - HELD THAT:- 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. Petitioner to publish notices in the same newspapers i.e., ‘Free Press Journal’ in English language and ‘Navshakti’ in Marathi language, both having circulation in Mumbai and also in the Maharashtra Government Gazette about registration of Order and minutes of reduction by the concerned Registrar of Companies, Maharashtra.
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