Recapitalization - Indian Laws - General

Recapitalization As per Black s Law Dictionary , 4th Edition RECAPITALIZATION . An arrangement where by stock, bonds or other securities of a corporation are adjusted as to amount, income or priority. United Gas Improvement Co. v. Commissioner of Internal Revenue, C.C.A.3, 142 F.2d 216, 218, 219. Reshuffling of capital structure within framework of existing corporation.