Thursday, August 20, 2020

Petition for reduction of share capital is to be allowed if all shareholders unanimously approve such reduction

COMPANY LAW : Where Articles of Association of company empowered it to reduce its share capital authorized by law by passing a special resolution and all shareholders had approved reduction including shareholders whose shares were being cancelled, petition for reduction of share capital was to be allowed

from www.taxmann.com Latest Case Laws https://ift.tt/34h3TJR
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