Tag - Share Capital Reduction

Long-Term-Capital-Loss-Against-Capital-Reduction

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Whether Long Term Capital Loss allowed in case of Share Capital Reduction?

2025-01-15

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Tag - Share Capital Reduction

Whether Long Term Capital Loss allowed in case of Share Capital Reduction?

SHARE CAPITAL REDUCTION sought under SECTION 66 is denied by the NCLT

CASE LAW: Reduction of Share Capital by way of cancellation of Shares amounts to “Transfer” and Losses available for set-off