MCA notifies NCLT (Procedure for reduction of share capital of company) Rules, 2016
The Ministry of Corporate Affairs vide its notification dated 15th December, 2016 has notified NCLT (Procedure for reduction of share capital of company) Rules, 2016 the under section 66 of the Companies Act, 2013. These rules shall come in to force on the date of their publication in the Official Gazette.
The rules are provided at MCA website at the link–
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