Form No. 030 - Order confirming reduction of capital and approving minute - Company Court Rules, 1959

Form No. 30 (See rule 63) [Heading as in Form No. 1] Company Petition No. ............... of 19 .......... A.B. Co., Ltd. Petitioner Before the Hon'ble Mr. Justice ............... (Or Shri............... District Judge) Order confirming reduction of capital and approving minute Upon the petition of A.B. Co., Ltd., presented on the ............... day of ............... 19 ......, upon hearing Shri ............... advocate for the petitioner, and upon reading the said petition and the affidavit in support thereof of ............... filed the ............... day of ............... 19 ....., and the exhibits therein referred to the order on the summons made on the ............... day of ............... 19 ...., directing an inquiry into the debts and liabilities of the said company, the certificate dated ............... 19 ..., signed by the Judge setting out the result of the settlement of the list of creditors in pursuance of the said inquiry, and upon pursuing (here set out the newspapers) containing notice of the date of hearing of this petition, and upon hearing Shri ............... advocate for the Creditors and Shri ............... advocate for shareholders [or, (where there is no appearance) none of the creditors or shareholders appearing in person or by advocate], and the Court being satisfied with respect to every creditor entitled to object to the reduction that either his consent to the reduction has been obtained or his debt or claim has been discharged or has determined or has been secured, this Court Doth Order: (1) That the reduction of the share capital of the above company resolved on and effected by the special resolution passed at a general meeting of the said company held on the ............... day of ............... 19 ....., which resolution was in the words and figures following viz. [Here set out the resolution] be and the same is hereby confirmed. (2) That the minute set forth in the Schedule hereto be and is hereby approved. (3) That a certified copy of this order including the minute as approved be delivered to the Registrar of Companies within 21 days from this date. (4) That notice of the registration by the Registrar of Companies of this order and of the said minute be published once each in the [here mention the name of the Official Gazette] and in [set out the newspapers] within 14 days of the registration aforesaid. [Note. Where the court confirms the reduction subject to any terms and conditions, such terms and conditions should be set out, as well as any directions that the Court may think fit to give regarding the use of the words 'and reduced' or the publication of the reasons for reduction, the order being suitably recast in such cases]. *Dated this ............... day of ............... 19 ........ Schedule (Here set out the minute) (By the Court) Registrar * Date of order to be the date of the approval of the minute.