2016 (4) TMI 1458

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....of the Applicant Company above named by a Summons for Directions AND UPON HEARING Mr. Hemant Sethi instructed by Hemant Sethi & Co., Advocates for the Applicant Company, AND UPON READING the Affidavit dated 4th day of February, 2016 and Additional Affidavit dated 28th day of March, 2016 of Mr. Bharat Joshi, Director of the Applicant Company, in support of Summons for Directions AND Clause 38 as pr....

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....be reduced by cancelling upto a maximum of 91,00,000 (Ninety One Lakhs) Equity Shares of Rs.10/- each, fully paid up and returning capital to the Equity shareholders an aggregate amount not exceeding Rs. 100,00,00,000 (Rupees Hundred Crores) for Equity Shares of Rs.10/- each, AND in view of the averment made in paragraph fifteen (15) and paragraph 3 of the Additional Affidavit dated 28th day of Ma....