Advertisement of reasons for reduction of capital requires filing a draft for judicial approval and publishing the approved statement. When the Judge directs publication of the reasons for reduction of capital, the company must, unless the form was approved at the order, file within seven days a draft statement for the Judge's approval, take an appointment for approval with the company's advocate attending, and publish the approved statement in the same newspapers ordered for the registration notice and minute.
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.
Advertisement of reasons for reduction of capital requires filing a draft for judicial approval and publishing the approved statement.
When the Judge directs publication of the reasons for reduction of capital, the company must, unless the form was approved at the order, file within seven days a draft statement for the Judge's approval, take an appointment for approval with the company's advocate attending, and publish the approved statement in the same newspapers ordered for the registration notice and minute.
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