https://www.taxtmi.com/caselaws?id=296976 The court approved the company's resolution to reduce share capital and Securities Premium Account, addressing objections from some shareholders by retaining their share money. The revised proposed capital reduction was approved, aiming to pay excess money to shareholders and facilitate shareholding continuity for those who opted to retain their holdings. The court granted the petition, confirming the reduction of capital and Securities Premium Account as per resolutions passed, with specific instructions for compliance and publication requirements within designated timelines. en-us Thu, 12 Mar 2015 00:00:00 +0530 Fri, 13 Aug 2021 21:22:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=296976 The court approved the company's resolution to reduce share capital and Securities Premium Account, addressing objections from some shareholders by retaining their share money. The revised proposed capital reduction was approved, aiming to pay excess money to shareholders and facilitate shareholding continuity for those who opted to retain their holdings. The court granted the petition, confirming the reduction of capital and Securities Premium Account as per resolutions passed, with specific instructions for compliance and publication requirements within designated timelines. Case-Laws Companies Law Thu, 12 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=296976