Reduction of capital

RACHANA DAGA (CS) (555 Points)

15 April 2014  

Dear Mam/Sir,

One of the Company has been wrongly put up huge amount of Authorized and Paid up share capital while formation of the Company. Now Company wants to reduce the Authorized as well as Paid up Capital of the Company. But we are facing the issues. Please provide us less stringent way to reduce the capital of a Company. What are the options before us to reduce the Capital of a Company?

Thanking You,

Regards,

Cs. Rachana Daga.