Companies Act, 2017

PART-V

REDUCTION OF SHARE CAPITAL

From: 2023-11-01 - To: 0000-00-00 90. Objection by creditors and settlement of list of objecting creditors- (1) Where the proposed reduction of share capital involves r the payment to any shareholder of any paid-up share capital, and in any other case if the Court so directs, every creditor of the company who is entitled to any debt or claim, shall be entitled to object to the reduction. (2) The Court shall settle a list of creditors so entitled to…