Accountancy, asked by parmarvinod738, 14 hours ago

To carry out capital reduction, permission is required from a) The Competent Court b) Company Law Board c) central Government d) SEBI​

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Answered by nandudevdev
0

Answer:

Competent Court / Tribunal

Capital reduction refers to reducing the face value of the shares of the company.

This is an exercise undertaken during internal reconstruction. Even though the articles and the memorandum allows the same, a competent court has to grant permission for it .

hope this will help you

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