Court Approves Share Capital Reduction Without Creditor Settlement Under Companies Act Section 101(2) and (3) Exemption. https://www.taxtmi.com/highlights?id=25830 Reduction of paid up share capital seeked - the procedure stipulated in Section 101(2) and (3) of the Companies Act, 1956, for the settlement of list of creditors will not apply. The prayers sought for in this petition are granted and the petition is allowed. - HC en-us Mon, 09 Nov 2015 18:13:26 +0530 Mon, 09 Nov 2015 18:13:26 +0530 TaxTMI RSS Generator Court Approves Share Capital Reduction Without Creditor Settlement Under Companies Act Section 101(2) and (3) Exemption. https://www.taxtmi.com/highlights?id=25830 Reduction of paid up share capital seeked - the procedure stipulated in Section 101(2) and (3) of the Companies Act, 1956, for the settlement of list of creditors will not apply. The prayers sought for in this petition are granted and the petition is allowed. - HC Highlights Companies Law Mon, 09 Nov 2015 18:13:26 +0530 https://www.taxtmi.com/highlights?id=25830