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MCA Notification dt. 15.12.2016 notified NCLT (Procedure for Reduction of Share Capital of Company) Rules, 2016:

MCA vide Notification No. G.S.R. …….(E) on Thursday dt. 15th December, 2016, has notified the National Company Law Tribunal (Procedure for Reduction of Share Capital of Company) Rules, 2016 which shall come into force on the date of publication in Official Gazattee. The said Rule set forth the detailed procedure for making application to Tribunal for reduction of share capital of Company and also prescribed Forms & Fees for the same.

The said Rule can be accessed from the following link:NCLT(Proc.ReductionOfShareCap)Rules2016_15.12.2016

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