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2009 (7) TMI 794

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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....