Sasol India Pvt. Ltd. v. -
Case brief
What is this about?
The Court confirmed the reduction of paid-up equity capital of Sasol India Private Limited following a Special Resolution by shareholders. No objections were raised by any party.
What did the court decide?
The petition is made absolute in terms of prayer clauses; direction to file order with ROC; publication of notices in newspapers; dispensation of Gazette and drawn up order.
What the court decided
1
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
COMPANY SCHEME PETITION NO. 69 OF 2016
CONNECTED WITH
COMPANY SUMMONS FOR DIRECTION NO. 97 OF 2016
In the matter of the Companies Act (1), 1956;
And
In the matter of the Sections 100 to 104 of the Companies Act, 1956;
And
In the matter of Reduction of Equity Share Capital Of Sasol India Private Limited
SASOL INDIA PRIVATE LIMITED ) [CIN: U74120MH2012FTC225807] a Company ) incorporated under the Companies Act, 1956 ) having its registered office at 501, 5th Floor, ) Vibgyor Towers, Plot C – 62, Block G, ) Bandra Kurla Complex, Bandra (East), ) Mumbai – 400051 )….Petitioner Company
Issues for consideration
1 issue framed by the court
Whether the application for confirmation of reduction of equity share capital of Sasol India Private Limited is maintainable after shareholders passed a Special Resolution.
Parties & counsel
- applicant
Sasol India Private Limited
Coram
B.P. Colabawalla
Case details
As recorded by the court registry
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