Question

provision of which section does not apply with respect to reduction of capital effected in pursuance of order of tribunal

Answer 1

With respect to Companies Act, the answer is section 66. For additional information regarding the question visit relevant resources online. The reference used for the answer helps in understanding the context for the question.

In this context it is relevant to say that the companies act was set up in the 20th century and over a period of time it has witnessed several amendments.