National Company Law Tribunal (Procedure for reduction of share capital of Company) Rules, 2016National Company Law Tribunal (Procedure for reduction of share capital of Company) Rules, 2016
National Company Law Tribunal (Procedure for reduction of share capital of Company) Rules, 2016National Company Law Tribunal (Procedure for reduction of share capital of Company) Rules, 2016
Reduction of share capital: orders may set terms; use Form RSC-6, certificate Form RSC-7, fee Rs.5,000. The Tribunal may impose directions or terms when confirming a reduction of share capital and approving the minute; the confirming order and approved ... Summary
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Reduction of share capital: orders may set terms; use Form RSC-6, certificate Form RSC-7, fee Rs.5,000.
The Tribunal may impose directions or terms when confirming a reduction of share capital and approving the minute; the confirming order and approved minute must be in Form RSC-6. The Registrar's certificate under subsection (5) of section 66 must be in Form RSC-7. The procedure for reduction is subject to a prescribed application fee of Rs.5,000 for filings under subsection (1) of section 66.
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