Publication Notice
By Trisha Nagpal
FORM NO. RSC-4
[Pursuant to rule 3(3)]
Before the National Company Law Tribunal Bench at Chandigarh
CP No. 34/Chd/Hry/2024
IN THE MATTER OF SECTION 66 AND THER APPLICABLE PROVISIONS OF COMPANIES ACT, 2013 READ WITH RULE 2(1) OF THE NATIONAL COMPANY LAW TRIBUNAL (PROCEDURE FOR REDUCTION OF SHARE CAPITAL OF COMPANY) RULES, 2016;
AND
IN THE MATTER OF UK INDIA BUSINESS COUNCIL INDIA PRIVATE LIMITED
UK India Business Council India Private Limited,
CIN : U74110HR2008PTC056054
Smart works, 2nd Floor, Tower B, Golf View Tower, Golf Course Road,
Sector-42, Gurugram -122002, Haryana
- Applicant
- PUBLICATION OF NOTICE
Notice may be taken that an application was presented to the Tribunal at Chandigarh Bench, on the 14th day of May 2024 for confirming the reduction of the share capital of the above company from Rs. 23,65,95,760/- (Rupees Twenty-Three Crores Sixty-Five Lakhs Ninety-Five Thousand Seven Hundred and Sixty only) to Rs. 10,55,47,370/- (Rupees Ten Crores Fifty Five Lakhs Forty Seven Thousand Three Hundred and Seventy only).
The aforesaid reduction of paid-up share capital shall be affected by remitting a sum of Rs. 13,00,00,003/- (Rupees Thirteen Crore Three only) to the shareholders of the Company and by setting off Rs. 10,48,387/- (Ten Lakhs Forty Eight Thousands Three Hundred and Eighty Seven only) from the accumulated losses of the Company, in accordance with section 66 of Companies Act 2013 read with National Company Law Tribunal (Procedure for reduction of share capital of Company) Rules, 2016, which is equivalent to reduction of 55.39% of the subscribed, issued and paid up capital of the Company.
The notices to individual creditors have been issued in terms of Hon’ble National Company Law Tribunal, Chandigarh Bench order dated 31st May 2024. In terms of the said order, the Company has been directed to publish a notice in newspaper seeking objections from the creditors and stakeholders. The list of creditors prepared on the 30th day of April 2024 by the company is available at the registered office of the company for inspection on all working days during 11:00 AM to 4:00 PM between Monday to Friday when the inspection would be available.
If any Creditor or stakeholder of the company has any objection to the application or the details in the list of creditors, the same may be sent (along-with supporting documents) and details about his name and address and the name and address of his Authorised Representative, if any, to the undersigned at M/s UK India Business Council India Private Limited, Smart works, 2nd Floor, Tower B, Golf View Tower, Golf Course Road, Sector-42, Gurugram -122002, Haryana within three months of date of this notice.
If no objection is received within the time stated above, entries in the list of creditors will, in all the proceedings under the above petition to reduce the share capital of the company, be treated as correct.
It may also be noted that a hearing has been fixed for 6th September 2024 on which the Tribunal shall hear the application. In case any creditor or stakeholder intends to attend the hearing, he should make a request along with his objections, if any.
For UK India Business Council India Private Limited
Sd/-
VIKRAM PLAHA
CFO & Director
DIN: 08718154
Dated this 5th day of June, 2024
Place: Gurgaon
