Tuesday, July 31, 2018

NCLT admitted application for rectification for wrongful calculation of share capital

CL : Where appellant company while converting CCDs allotted excess shares to respondent-NRI but opted to unwind excess shares as advised by RBI, appellant's application for rectification under section 59 for wrongful calculation of share capital was to be accepted

from www.taxmann.com Latest Case Laws https://ift.tt/2LCurNj
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