OLMEC TECHNOLOGIES PRIVATE LIMITED VS. REGISTRAR OF COMPANIES, (2020) 07 NCLT CK 0066

          NAME MOBILE NO. E-MAIL I’D RANJEET   KUMAR 8383098478 ,  9667769795 rk@courtkutchehry.com JAI THAKUR 8130703334 ,  9355723300 jai.thakur@courtkutchehry.com RAJEEV   RANJAN 9334553249 rajiv.ranjan@courtkutchehry.com ASHOK   MISHRA 9718327746 sales@courtkutchehry.com RAVI   KUMAR ravi.singh@courtkutchehry.com Olmec Technologies Private Limited Vs. Registrar Of Companies, (2020) 07 NCLT CK 0066 NCLT allowed the petition filed by the petitioner U/s 66 & 52 of the Companies Act, 2013, R/w the NCLT (Procedure for Reduction of Share Capital of the Company) Rules, 2016, and the applicable provisions of the NCLT Rules, 2016, by inter alia seeking the confirmation of reduction of capital, as resolved by a Special Resolution on 29th November 2019, etc. While allowing the application NCLT held that it appears that the Reduction of Capital has been contemplated for repayment of excess capital which is not required for carrying on...