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    <title>2012 (11) TMI 35 - DELHI HIGH COURT</title>
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    <description>The High Court approved the reduction of Capital Redemption Reserve as proposed by the company under Sections 80 and 100 to 104 of the Companies Act, 1956. The Court directed adjustments to be made in accordance with the resolution passed by the Board of Directors, ordered registration and publication of the approved reduction, and exempted certain formalities related to the company&#039;s name. The company agreed to deposit a specified sum with the Common Pool Fund of the Official Liquidator within a designated timeframe.</description>
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      <description>The High Court approved the reduction of Capital Redemption Reserve as proposed by the company under Sections 80 and 100 to 104 of the Companies Act, 1956. The Court directed adjustments to be made in accordance with the resolution passed by the Board of Directors, ordered registration and publication of the approved reduction, and exempted certain formalities related to the company&#039;s name. The company agreed to deposit a specified sum with the Common Pool Fund of the Official Liquidator within a designated timeframe.</description>
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