https://www.taxtmi.com/acts?id=17363 A company may, by special resolution and subject to Tribunal confirmation, reduce its share capital by extinguishing or reducing unpaid liability, cancelling lost or unrepresented paid-up capital, or paying off surplus paid-up capital; the Tribunal must notify and consider representations from government, Registrar, securities regulator and creditors, require accounting treatment conformity with accounting standards and an auditor's certificate, publish the order, and register certified particulars with the Registrar, while limiting members' liability and providing remedies where creditors were omitted. en-us Sat, 02 Mar 2013 11:25:30 +0530 Wed, 24 Dec 2025 15:19:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=17363 A company may, by special resolution and subject to Tribunal confirmation, reduce its share capital by extinguishing or reducing unpaid liability, cancelling lost or unrepresented paid-up capital, or paying off surplus paid-up capital; the Tribunal must notify and consider representations from government, Registrar, securities regulator and creditors, require accounting treatment conformity with accounting standards and an auditor's certificate, publish the order, and register certified particulars with the Registrar, while limiting members' liability and providing remedies where creditors were omitted. Act-Rules Companies Law Sat, 02 Mar 2013 11:25:30 +0530 https://www.taxtmi.com/acts?id=17363