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Capital Reduction Process and Questions
Capital Reduction Process and Questions
KAVITA D. SHAH
CS
There are the number of reasons why the company want to reduce its
share capital : Reduce liability, reduce heave capital expenses , to
eliminate the losses, to return the surplus capital , etc.
Step 6 File two complete sets in hard copies before the filing
counter NCLT
Step 7 The Tribunal shall, within fifteen days of submission of the
application give notice, or direct that notice be given to -
FAQs
Disclaimer : The views presented are in personal & in generic form and
not as a legal advice, further it has nothing to do with where I am
rendering my professional services. Users of this information are
expected to refer to the relevant existing provisions of the applicable
laws.
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