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of <h1>Companies Must Submit Objections and Responses Within 7 Days Under Share Capital Reduction Rules, 2016</h1> Under the National Company Law Tribunal (Procedure for Reduction of Share Capital of Company) Rules, 2016, a company must submit any received representations or objections to the Tribunal within seven days after the objection period ends, along with the company's responses. The Tribunal may direct inquiries or hearings regarding these objections. During application hearings, the Tribunal can issue directions to secure debts or claims of non-consenting creditors and may adjourn proceedings to allow the company to comply with these directions.
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