9911796707
TMI Blog2013 (5) TMI 1042X X X X Extracts X X X X X X X X Extracts X X X X ..... , learned counsel, who appears for the Registrar of Companies, U.P. at Kanpur. Petitioner, Steria (India) Ltd., a company duly registered and incorporated under the Companies Act, 1956 (hereinafter referred to as the Act) and registered with the Registrar of Companies U.P. at Kanpur, having its registered office in sector 135 Gautam Budh Nagar, Noida U.P. has applied under Section 100 of the Ac ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he notice of the petition fixing 8th April, 2013 as the next date has been published in the news paper Times of India (English), Delhi dated 13th April, 2013 and Amar Ujala (Hindi) Delhi dated 13th April, 2013. In response to the above publication of notice none has appeared and filed objections so as to oppose the confirmation of the above resolution for reducing share capital of the company. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - each. The aforesaid reduction is to be affected by paying off 568 equity share holders holding ₹ 1,14,230/- equity shares a sum of ₹ 800/- per equity share as against the value of ₹ 695.62/- per share as determined by the Chartered Accountants commissioned for the purpose. The aforesaid reduction of the share capital does not in any way affects the interest of the trade cred ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of the company would in any way be detrimental to the public interest or would be against the national policy. The court is also satisfied that the reduction of the share capital of the company in the aforesaid manner does not in any manner affect the liability of the company. In view of the aforesaid facts and circumstances, the resolution for reducing the share capital of the company as p ..... X X X X Extracts X X X X X X X X Extracts X X X X
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