Reduction in Authorised Share Capital Procedure

By |2018-10-26T04:57:33+00:00September 10th, 2018|Categories: Others|Tags: , , |

Introduction As prescribed under section 66 of the Companies Act 2013, A company limited by shares or limited by guarantee and having a share capital by a special resolution may do the reduction of share capital in any manner subjected to confirmation by the NCLT on an application by the company. It can reduce in particular, may— [...]