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Companies Law - Highlights / Catch Notes

Home Highlights November 2016 Year 2016 This

HC allowed the reduction of the petitioner company’s share ...


High Court Approves Company's Request to Reduce Share Capital and Offset Losses from Securities Premium Account.

November 26, 2016

Case Laws     Companies Law     HC

HC allowed the reduction of the petitioner company’s share capital (Securities Premium Account) against the accumulated losses in the surplus/ (deficit) head of Reserves & Surplus of the petitioner company

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