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AI Drafter

Generate professional replies to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter.

Step 1 – Issue Identification & Review

The AI analyses your query, notice, order, or uploaded documents and identifies the key issues involved.

• Review the issues identified by the AI
• Add, edit, remove, or refine issues as required


Step 2 – Draft Generation

Once you approve the issues, the AI performs issue-wise legal research and prepares a structured draft response.

• Relevant statutory provisions
• Judicial precedents and Supreme Court, High Court and other citations
• Issue-wise legal analysis
• Practical arguments and supporting content
• Professionally structured draft ready for further review.

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2009 (7) TMI 794

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Full Text of the Document

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.... 103 of the Companies Act, 1956 by which the Company has sought a reduction in its share capital from Rs. 32,85,42,000 comprising of 32,85,42,000 equity shares of Rs. 10 to be reduced to Rs. 16,42,71,000 comprising of 16,42,71,000 equity shares of Rs. 10 each fully paid-up by cancelling in writing half of the issued subscribed and paid-up share capital of the Company. In the circumstances, as stat....