TMI Blog2016 (7) TMI 1615X X X X Extracts X X X X X X X X Extracts X X X X ..... t in any way adversely affect the interests of any of the Applicant Company s creditors or the ordinary operations of the Applicant Company or the ability of the Applicant Company to honour its debts in the ordinary course of business , and no compromise or arrangement is called for with any of the creditors of the Applicant Company as there is no reduction in the amount payable to any of the cred ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... empowers the Applicant Company reduce its Share Capital from time to time by passing a Special Resolution in any manner for the time being authorised by law AND the Petitioner Company having passed Special Resolution with requisite majority at its adjourned Extraordinary General Meeting held on 15th March, 2016 being Exhibit- G-1 to the Company Scheme Petition, approving the reduction of Equity S ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... erests of any of the Applicant Company s creditors or the ordinary operations of the Applicant Company or the ability of the Applicant Company to honour its debts in the ordinary course of business , and no compromise or arrangement is called for with any of the creditors of the Applicant Company as there is no reduction in the amount payable to any of the creditors of the Applicant Company. In vi ..... X X X X Extracts X X X X X X X X Extracts X X X X
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