https://www.taxtmi.com/caselaws?id=97552 On confirmation of a reduction of capital, a registered minute need not refer to the share premium account where the statutory scheme treats that account separately and would otherwise make the minute part of the memorandum. The court held that section 69 governs the effect of the minute, but inclusion of the remaining balance of the share premium account would operate as an impermissible alteration of the memorandum under section 4. The minute was therefore approved without any reference to the share premium account, subject only to deletion of the word "additional". en-us Mon, 28 Oct 1957 00:00:00 +0530 Tue, 17 Jan 2012 12:11:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97552 On confirmation of a reduction of capital, a registered minute need not refer to the share premium account where the statutory scheme treats that account separately and would otherwise make the minute part of the memorandum. The court held that section 69 governs the effect of the minute, but inclusion of the remaining balance of the share premium account would operate as an impermissible alteration of the memorandum under section 4. The minute was therefore approved without any reference to the share premium account, subject only to deletion of the word "additional". Case-Laws Companies Law Mon, 28 Oct 1957 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97552