Decreasing of Authorised Capital

G Venu Prasad (GM) (78 Points)

05 April 2021  
Dear Sirs,

We are having a company in the name of IFPL with ROC Vijayawada, the authorised capital and paid-up capital is Rs. 5.00 crores, is it possible to reduce authorised capital below Ra. 5.00 crores.

Please inform is the possibility.

Thanking You

Venu Prasad
Indepth Foundations Pvt. Ltd.,