https://www.taxtmi.com/caselaws?id=757580 The NCLT Bengaluru Bench approved the petitioner company's application for reduction of share capital under Section 66 of the Companies Act, 2013. The tribunal confirmed compliance with statutory requirements and approved the special resolution to reduce issued, subscribed and paid-up equity share capital from Rs. 483,66,21,630 to Rs. 483,65,81,190 by cancelling 4,044 equity shares held by non-promoter shareholders for aggregate consideration of Rs. 66,88,776. The company must file e-Form INC 28 with ROC and publish the order in specified newspapers within 30 days. en-us Tue, 30 Jul 2024 00:00:00 +0530 Wed, 28 Aug 2024 19:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=757580 The NCLT Bengaluru Bench approved the petitioner company's application for reduction of share capital under Section 66 of the Companies Act, 2013. The tribunal confirmed compliance with statutory requirements and approved the special resolution to reduce issued, subscribed and paid-up equity share capital from Rs. 483,66,21,630 to Rs. 483,65,81,190 by cancelling 4,044 equity shares held by non-promoter shareholders for aggregate consideration of Rs. 66,88,776. The company must file e-Form INC 28 with ROC and publish the order in specified newspapers within 30 days. Case-Laws Companies Law Tue, 30 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=757580