Company petition procedure covers specified corporate matters; all other applications must proceed by Judge's summons. Petitions under the Company Court Rules, 1959 are required for specified company-law matters, including alteration of the memorandum, reduction of share capital, rectification of registers, calling meetings, winding-up, compromise or arrangement, oppression and mismanagement, restoration of a company's name, and relief for officers. All other applications under the Act or the rules must be made by Judge's summons, returnable to the judge sitting in Court or in Chambers as provided.
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Company petition procedure covers specified corporate matters; all other applications must proceed by Judge's summons.
Petitions under the Company Court Rules, 1959 are required for specified company-law matters, including alteration of the memorandum, reduction of share capital, rectification of registers, calling meetings, winding-up, compromise or arrangement, oppression and mismanagement, restoration of a company's name, and relief for officers. All other applications under the Act or the rules must be made by Judge's summons, returnable to the judge sitting in Court or in Chambers as provided.
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