https://www.taxtmi.com/caselaws?id=112017 The Court confirmed the reduction of the securities premium account as per the special resolution passed at the General Meeting. It approved the utilization of the credit balance for meeting deferred tax liability and dispensed with certain formalities. The Company was directed to deliver a certified copy of the order to the Registrar of Companies and publish the order and minutes in specified newspapers. The Court disposed of the Company petition accordingly, ensuring compliance with the directives. en-us Fri, 30 Nov 2007 00:00:00 +0530 Thu, 26 Apr 2012 12:54:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112017 The Court confirmed the reduction of the securities premium account as per the special resolution passed at the General Meeting. It approved the utilization of the credit balance for meeting deferred tax liability and dispensed with certain formalities. The Company was directed to deliver a certified copy of the order to the Registrar of Companies and publish the order and minutes in specified newspapers. The Court disposed of the Company petition accordingly, ensuring compliance with the directives. Case-Laws Companies Law Fri, 30 Nov 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112017