https://www.taxtmi.com/acts?id=14192 When a company passes a special resolution to reduce capital the court may exclude specified creditor classes from certain statutory provisions and order an inquiry to determine debts, claims and liabilities as at a stated date. The company must prepare and file a verified list of creditors, publish prescribed notice, give registered post notice to listed creditors, permit omitted or under credited creditors to file particulars with the company's advocate by the court deadline, and file an advocate's statement and officer affidavits as required by the Companies (Court) Rules within the prescribed period. en-us Tue, 31 May 2011 17:43:14 +0530 Wed, 01 Jun 2011 11:35:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=14192 When a company passes a special resolution to reduce capital the court may exclude specified creditor classes from certain statutory provisions and order an inquiry to determine debts, claims and liabilities as at a stated date. The company must prepare and file a verified list of creditors, publish prescribed notice, give registered post notice to listed creditors, permit omitted or under credited creditors to file particulars with the company's advocate by the court deadline, and file an advocate's statement and officer affidavits as required by the Companies (Court) Rules within the prescribed period. Act-Rules Companies Law Tue, 31 May 2011 17:43:14 +0530 https://www.taxtmi.com/acts?id=14192