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High Court Approves Petition to Reduce Share Capital Under Companies Act Sections 100-105; No Legal Obstacles Found.
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....Application for reduction in issued, subscribed and paid-up share capital under Sections 100 to 105 of Companies Act, 1956 and other applicable provisions of the Companies Act, 2013 read with Companies (Court) Rules, 1959 - there appears to be no legal impediment in allowing the present petition - HC....
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