Sec 66

Company may reduce share capital, by a special resolution subject to confirmation

by the Tribunal, by reducing or extinguishing liability on shares in respect of unpaid
share capital or by way of cancelling any paid-up share capital which is lost or is
unrepresented by available assets or paying off paid-up share capital which is in
excess of the wants of the company. Reduction shall not be made if the company
has not repaid deposits. The provision shall not apply to buy-back of its own
securities under Section 68.
Liability under Section 447 shall be attracted if any officer knowingly conceals the
name of any creditor entitled to object to the reduction, knowingly misrepresents
the nature or amount of the debt or claim of any creditor or abets or is privy to any
such concealment or misrepresentation. A company shall be punishable with fine
between five and twenty five lakh rupees if the order of confirmation of reduction of
share capital by the Tribunal is not published in the manner directed by the Tribunal.

Section 82
Company shall give intimation to Regisatrar of the payment or satisfaction of any
charge within a period of thirty days from such payment or satisfaction as
prescribed under rule 8 of the Companies (Registration of Chrges) Rules, 2014. The
Registrars power to make an entry in the register of charges shall not be affected
by the provision.

Section 89
Any person who in the register of members of a company is entered as the holder
but does not hold the beneficial interest in the shares shall make a declaration, to
the company, specifying the name and particulars of the person who holds the
beneficial interest in the shares in the form prescribed under rule 9 of the
Companies (Management and Administration) Rules, 2014. Such person holding
beneficial interest may make a declaration, specifying the nature of his interest and
particulars of the person in whose name the share is registered in the for prescribed
in the above rule. Where any change occurs in the beneficial interest in such shares,
the person in whose name the share is registered and the beneficial owner shall
make a declaration to the company in the same form. The company shall make note
of such declaration and file a return with the registrar in the same form within the
time specified under Section 403.
Failure to file return with the shall attract a fine between five hundred rupees to one
thousand rupees and on continuing failure, a further fine of 1000 rupees per day.

Section 96
Company shall hold an Annual General Meeting each year and specify the meeting
as such in the notices calling it. Not more than 15months shall elapse between the
date of one annual general meeting and the next.

Section 102 copy paste

Section 104The members present at t