MR. KAUSHALENDRA KUMAR SINGH, MEMBER (TECHNICAL)

Present: -

For the Petitioner : Mr. Anand Chhibbar, Senior Advocate along with Mr. Anubhav Rastogi and Ms. Swati Vashisht, Advocates For the RD/ROC : Ms. Deepmala Bagri, DRoC Chandigarh For the Income Tax Dept. : Mr. Varun Issar Sr. Standing Counsel ORDER

1. The present Petition has been filed by UK India Business Council India Private Limited (hereinafter referred as 'Petitioner Company/Company') through its Authorised Signatory, Mr. Vikram Plaha, Director under Section 66 of the Companies Act, 2013 (hereinafter referred to as the “Act”) read with National Company Law Tribunal (Procedure of Reduction of Share Capital of the Company) Rules, 2016 (hereinafter referred to as (“NCLT Capital Reduction Rules”) for obtaining confirmation from this Tribunal for the proposed reduction of the issued, subscribed and paid-up equity share capital of the Petitioner Com