Reduction of Share Capital. Reduction of Share Capital.

1. 46Special resolution for reduction of share capital.
2. 47Application to court for confirming order.
3. 48Addition to name of company of " and reduced.".
4. 49Objections by creditors and settlement of list of objecting creditors.
5. 50Order confirming reduction.
6. 51Registration of order and minute of reduction.
7. 52Minute to form part of memorandum.
8. 53Liability of members in respect of reduced shares.
9. 54Penalty on concealment of name of creditor.
10. 55Publication of reasons for reduction.
11. 56Increase and reduction of share capital in case of a company limited by guarantee having a share capital.