company law

Pankaj Kumar (Querist) 06 August 2009 This query is : Resolved
What is detailed procedure for reduction of share capital?

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Arul Kumar (Expert) 07 August 2009
A company limited by shares if so authorised by its articles may alter the conditions of its memorandum. The powers conferred by this section can only be excercised by the company in its General Meeting.

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