https://www.taxtmi.com/caselaws?id=402925 The National Company Law Tribunal confirmed the reduction of share capital by a petitioner-company under section 66 of the Companies Act, 2013. The company complied with its articles of association, passed a special resolution, reorganized its share capital, and obtained necessary approvals. It ensured statutory compliance, absence of objections, and adherence to FEMA and RBI Guidelines. The Regional Director's observations were addressed, filing requirements were met, and legal fees were paid to the Central Government. Post-order, the company published notices and filed required documents as directed by the Tribunal. en-us Thu, 03 Dec 2020 00:00:00 +0530 Sat, 30 Jan 2021 18:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=402925 The National Company Law Tribunal confirmed the reduction of share capital by a petitioner-company under section 66 of the Companies Act, 2013. The company complied with its articles of association, passed a special resolution, reorganized its share capital, and obtained necessary approvals. It ensured statutory compliance, absence of objections, and adherence to FEMA and RBI Guidelines. The Regional Director's observations were addressed, filing requirements were met, and legal fees were paid to the Central Government. Post-order, the company published notices and filed required documents as directed by the Tribunal. Case-Laws Companies Law Thu, 03 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=402925