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    <title>National Company Law Tribunal (Procedure for reduction of share capital of Company) Rules, 2016</title>
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    <description>An application in Form RSC-1 with fee must accompany a certified creditors&#039; list and auditor certificates confirming the list, non-arrear status on deposits, and accounting conformity; the Tribunal will direct notices to the Government, Registrar, securities regulator (if listed), and creditors, require publication and inspection of the creditors&#039; list, allow three months for representations or objections, and may give directions to secure non-consenting creditors&#039; claims; confirmation, terms, and the approved minute are recorded in Form RSC-6 and registered by the Registrar who issues Form RSC-7.</description>
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      <description>An application in Form RSC-1 with fee must accompany a certified creditors&#039; list and auditor certificates confirming the list, non-arrear status on deposits, and accounting conformity; the Tribunal will direct notices to the Government, Registrar, securities regulator (if listed), and creditors, require publication and inspection of the creditors&#039; list, allow three months for representations or objections, and may give directions to secure non-consenting creditors&#039; claims; confirmation, terms, and the approved minute are recorded in Form RSC-6 and registered by the Registrar who issues Form RSC-7.</description>
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