Isha Patel (Traniee) (24 Points)
17 December 2009Which is the Clause for reduction of share capital in articles of association of private limited?
Ankur Garg
(Company Secretary and Compliance Officer)
(114773 Points)
Replied 17 December 2009
Find below desired clause:
“The Company may, from time to time, by special resolution and on compliance with the provisions of section 100 to 105 of the act, reduce its share capital and any capital reserve fund or share premium account.”
CA.SKR
(CA; CS-Final (One Group); DISA (ICAI); Insolvency Professional)
(442 Points)
Replied 18 December 2009
| Originally posted by : Isha Patel | ||
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Which is the Clause for reduction of share capital in articles of association of private limited? |  |
Just go through the AOA carefully again, you will find the relevant clause yourself.
CAclubindia
