https://www.taxtmi.com/caselaws?id=194628 The Court allowed the application for the reduction of the securities premium account, confirming that the proposed reduction met all legal requirements and did not prejudice any creditor or shareholder. The reduction was deemed fair, equitable, and reasonable, and the Court issued an order in terms of the prayers of the petition. en-us Mon, 08 Aug 2005 00:00:00 +0530 Sat, 16 Sep 2017 11:17:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=194628 The Court allowed the application for the reduction of the securities premium account, confirming that the proposed reduction met all legal requirements and did not prejudice any creditor or shareholder. The reduction was deemed fair, equitable, and reasonable, and the Court issued an order in terms of the prayers of the petition. Case-Laws Companies Law Mon, 08 Aug 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=194628