https://www.taxtmi.com/caselaws?id=193902 The court confirmed the reduction of share capital by Panruti Industrial Co. (Private) Ltd. under Section 100 of the Indian Companies Act, 1956. It found the reduction fair and equitable, protecting creditors' interests. The court directed the addition of "and reduced" to the company's name for six months, awarding costs to the petitioner from its funds. en-us Tue, 01 Sep 1959 00:00:00 +0530 Tue, 22 Aug 2017 16:52:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=193902 The court confirmed the reduction of share capital by Panruti Industrial Co. (Private) Ltd. under Section 100 of the Indian Companies Act, 1956. It found the reduction fair and equitable, protecting creditors' interests. The court directed the addition of "and reduced" to the company's name for six months, awarding costs to the petitioner from its funds. Case-Laws Companies Law Tue, 01 Sep 1959 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=193902