SECTION 66(8) talks about ignorance of creditors
here ignorance means-
1) company ignored creditors during the reduction of capital
or
2) creditor himself ignored the prosecution of reduction of capital
please tell what ignorance means?
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sec 66(8) REDUCTION OF CAPITAL
Replies (2)
section says his ignorance
hence aforesaid point no. 2
hence aforesaid point no. 2
thank you
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