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        Companies Law

        Rule 46 - Form of petition for reduction of share capital and summons for directions

        Company Court Rules, 1959
        Chapter 01

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        Reduction of share capital requires a petition in the prescribed form accompanied by a summons for directions. A petition to confirm a reduction of share capital must be presented in the prescribed petition form and accompanied by a prescribed summons for directions, linking confirmation of capital reduction to specified procedural forms under the Company Court Rules.
                        Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                        Provisions expressly mentioned in the judgment/order text.

                            Reduction of share capital requires a petition in the prescribed form accompanied by a summons for directions.

                            A petition to confirm a reduction of share capital must be presented in the prescribed petition form and accompanied by a prescribed summons for directions, linking confirmation of capital reduction to specified procedural forms under the Company Court Rules.


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