NCLT Capital Reduction Rules
G.S.R. 1147(E)
The National Company Law Tribunal (Procedure for Reduction of Share Capital of Company) Rules, 2016
Application to the Tribunal for confirmation of a reduction of share capital, notice to the Registrar, the Regional Director and creditors, representations, and the order confirming the reduction and its registration.
6
Rules
G.S.R. 1147(E)
Notification
66
Section
Made under
The Companies Act, 2013 Chapter IV
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rules
Default readable text
Opening text
Preamble
MINISTRY OF CORPORATE AFFAIRS
Notification
New Delhi,15th December,2016
G.S.R1147(E). In exercise of the powers conferred by sub-section (1) and (2) of section 469 read with section 66 of the Companies Act,2013 (18 of 2013) the Central Government hereby makes the following rules namely:-
Chapter I
6 rules
Reduction of Share Capital
R2 Form of application or petition for Reduction of share capital under section 66
R3 Issue of notice and directions by the National Company Law Tribunal
R4 Representation by Central Government, Registrar etc. under sub-section (2) of section 66
R5 Procedure with regard to representations and objections received
R6 Order on application and Minute thereof
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