authorised capital reduction
This query is : Resolved
19 August 2010
Can unissued authorised capital of a company can be reduced???
19 August 2010
Dear
You can reduce authorised capital u/s94
but it is required confirmation through High Court and follwing long procedure, So you have to concerned with a good CS for this work
Regards
Pooja
You can reduce authorised capital u/s94
but it is required confirmation through High Court and follwing long procedure, So you have to concerned with a good CS for this work
Regards
Pooja
22 August 2010
thanks for ur reply mam :)
But as per section 95(f) i can reduce it n ha its required High court permission but if i want to cancelled if through FORM 5 .
what ur suggestion about it .???
But as per section 95(f) i can reduce it n ha its required High court permission but if i want to cancelled if through FORM 5 .
what ur suggestion about it .???
22 August 2010
Dear
But from e form 5 you cannot reduce the capital. Form 5 is for increase in share capital
But from e form 5 you cannot reduce the capital. Form 5 is for increase in share capital
23 August 2010
yes mam, its for increase in share capital but in e form 5 there is option for cancellation . so through this can i reduces the same .
23 August 2010
Dear
No capital can be reduced without prior approval of high court cases under section 100
No capital can be reduced without prior approval of high court cases under section 100
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