https://www.taxtmi.com/caselaws?id=292760 The Tribunal allowed the petition for reduction of share capital, noting that all shareholders, including those whose shares were being canceled, had approved the reduction. The statutory procedure was fulfilled, and the reduction was deemed compliant with legal provisions. The petitioner was directed to file a certified copy of the order with the Registrar of Companies and ensure compliance with regulatory authorities. The minutes of the reduction were approved, reflecting the new paid-up share capital and securities premium account. en-us Tue, 04 Feb 2020 00:00:00 +0530 Fri, 12 Nov 2021 18:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=292760 The Tribunal allowed the petition for reduction of share capital, noting that all shareholders, including those whose shares were being canceled, had approved the reduction. The statutory procedure was fulfilled, and the reduction was deemed compliant with legal provisions. The petitioner was directed to file a certified copy of the order with the Registrar of Companies and ensure compliance with regulatory authorities. The minutes of the reduction were approved, reflecting the new paid-up share capital and securities premium account. Case-Laws Companies Law Tue, 04 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=292760