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    <title>2017 (8) TMI 758 - NATIONAL COMPANY LAW TRIBUNAL, ALLAHABAD</title>
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    <description>The Tribunal allowed the application for the reduction of share capital by Jubilant Clinsys Limited, extinguishing and canceling Preference Shares worth Rs. 27,05,00,000. The dispensation of the use of the words &quot;AND REDUCED&quot; in the company&#039;s name was permitted. The form of Minute under Section 66(5) of the Companies Act, 2013, was approved. The company was directed to publish the order, deliver a certified copy to the Registrar of Companies, and the Registrar was to issue a certificate of Registration of Order and Minute. No costs were awarded, and regulatory authorities were instructed to act on the order.</description>
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      <description>The Tribunal allowed the application for the reduction of share capital by Jubilant Clinsys Limited, extinguishing and canceling Preference Shares worth Rs. 27,05,00,000. The dispensation of the use of the words &quot;AND REDUCED&quot; in the company&#039;s name was permitted. The form of Minute under Section 66(5) of the Companies Act, 2013, was approved. The company was directed to publish the order, deliver a certified copy to the Registrar of Companies, and the Registrar was to issue a certificate of Registration of Order and Minute. No costs were awarded, and regulatory authorities were instructed to act on the order.</description>
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