https://www.taxtmi.com/caselaws?id=329312 The court confirmed the reduction of Preference Share Capital from &8377; 1,04,50,000/- to NIL for the petitioner company, following a special resolution and court sanction. The court found no prejudice to any party and approved the resolution, directing publication of the Notice of Confirmation of Reduction of Capital. The petition was disposed of without costs, finalizing the process of capital reduction under sections 100 to 103 of the Companies Act, 1956. en-us Thu, 16 Jun 2016 00:00:00 +0530 Tue, 28 Jun 2016 18:17:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=329312 The court confirmed the reduction of Preference Share Capital from &8377; 1,04,50,000/- to NIL for the petitioner company, following a special resolution and court sanction. The court found no prejudice to any party and approved the resolution, directing publication of the Notice of Confirmation of Reduction of Capital. The petition was disposed of without costs, finalizing the process of capital reduction under sections 100 to 103 of the Companies Act, 1956. Case-Laws Companies Law Thu, 16 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=329312