Form of application or petition for Reduction of share capital under section 66
(2)
An application to confirm a reduction of share capital of a company shall be accompanied with-
(a)
the list of creditors duly certified by the Managing Director, or in his absence, by two directors, as true and correct, which is made as on a date not earlier than fifteen days prior to the date of filing of an application showing the details of the creditors of the company, class-wise, indicating their names, addresses and amounts owned to them;
(b)
a certificate from the auditor of the company to the effect that the list of creditors referred to in clause (a) is correct as per the records of the company verified by the auditor;
(c)
a certificate by the auditor and declaration by a director of the company is not, as on the date of filing of the application, in arrears in the repayment of the application, in arrears in the repayment of the deposits or the interest thereon;and
(d)
a certificate by the company’s auditor to the effect that the accounting treatment proposed by the company for the reduction of share capital is in conformity with the accounting standards specified in section 133 or any other provisions of the Act.
(3)