NCLT allows consolidation of share capital of applicant-Co. as it was approved by 99.86% of shareholders

COMPANY LAW : Where more than 99.86 per cent shareholders of applicant-company were in favour of consolidation of shares and valuation of shares had been done by registered valuers and appropriateness of value had been confirmed by a SEBI approved valuer, consolidation of share capital of applicant-company was to be confirmed

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