NATIONAL COMPANY LAW TRIBUNAL
Mr. Praveen Gupta, Mr. Ashish Verma, JJ
M/s Zabraku Interactive Services Private Limited – Appellant
Versus
The Registrar of Companies, Uttar Pradesh – Respondent
| Table of Content |
|---|
| 1. reduction of share capital process (Para 1 , 2 , 3 , 4 , 5 , 6) |
| 2. compliance with regulatory requirements (Para 7 , 8) |
| 3. order confirmation and compliance obligations (Para 9 , 10 , 11 , 12) |
ORDER
1. Heard the Professional for the Petitioner Company and the representative from the Regional Director (Western Region). No objector has come before the Tribunal to oppose the Petition nor any party has controverted any averments made in the Petition.
2. The Professional for the Petitioner Company submits that this Company Petition is filed for confirmation of the Special Resolution passed with requisite majority at the Extra-Ordinary General Meeting of the Members held on 9th day of August 2024 being Exhibit F-1 (Pages 177-179) to the Company Petition, approving the reduction of the issued, subscribed and paid up equity share capital of the Petitioner Company, by way of cancelling and extinguishing aggregate of 16,72,94,090 (Sixteen Crores Seventy Two Lakhs Ninety Four Thousand and Ninety) equity shares of INR 10 (Rupees Ten only) each held by Fresenius Kabi AG, the parent company and Fresenius Kabi Deutschland Gmbh, by payment of aggregate consideration of INR 3,50,98,30
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