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Paid up capital

This query is : Resolved 

31 July 2013 Can we decrease the paid ap capital of company? If yes how and when?

31 July 2013 Yes,


Section 100 stipulates that a limited company having share capital or a company limited by guarantee and having share capital may if so authorised by its Articles of Association, reduce its paid up share capital by passing special resolution in general meeting subject to obtaining consent of the High Court [Powers being given to the Tribunal as per the Companies (Second Amendment) Act, 2002]

Give id i will send the details.

31 July 2013 Thank you Ajay. My id is suryaprabha1029@gmail.com


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