Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Procedure for Reducing Company Share Capital: Order in Form RSC-6, Certificate in Form RSC-7 per Section 66(5)</h1> The National Company Law Tribunal (NCLT) Rules, 2016, outline the procedure for the reduction of a company's share capital. When the Tribunal confirms such a reduction, it issues an order and approves a minute, which may include specific directions or conditions. This order is documented in Form No. RSC-6. Additionally, the Registrar issues a certificate in Form No. RSC-7 under section 66(5) of the Companies Act, 2013. The application fee for reducing share capital, as per Section 66(1) of the Companies Act, is set at 5,000 INR.