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Companies Law - Highlights / Catch Notes

Home Highlights November 2015 Year 2015 This

Reduction of paid up share capital seeked - the procedure ...

Case Laws     Companies Law

November 9, 2015

Reduction of paid up share capital seeked - the procedure stipulated in Section 101(2) and (3) of the Companies Act, 1956, for the settlement of list of creditors will not apply. The prayers sought for in this petition are granted and the petition is allowed. - HC

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