Read the full judgment text of HCMP 002427/2001 on BabelCite. This High Court CFI judgment was delivered on 27 June 2001.
1. In this petition the Company seeks the court's confirmation of a proposed reduction of capital under Section 59 of the Companies Ordinance. Section 58 provides that a company limited by shares and having a share capital may, if so authorised by its articles, by a special resolution reduce its share capital in any way subject to confirmation by the court.
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