TMI BlogApplication under proviso to clause (b) of sub-section (1) of section 61.X X X X Extracts X X X X X X X X Extracts X X X X ..... arger amount than its existing shares which results in changes in the voting percentage of shareholders shall be filed in Form No. NCLT. 1 and shall be accompanied by such documents as are mentioned in Annexure B. (2) The application shall, inter alia, set forth the following:- (a) provision of articles authorising such consolidation or division; (b) existing capital structure Of the company; ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... oposed application has been received by the applicant, it shall serve a copy thereof to the 2[Regional Director], Registrar of Companies and the Securities Exchange Board of India, in the case of listed companies and to any regulator, if the company is regulated under any other Act on or before the date of hearing. (5) Upon hearing the application or any adjourned hearing thereof, the Tribunal ma ..... X X X X Extracts X X X X X X X X Extracts X X X X
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