Sawhney India Pvt Ltd petitions NCLT to reduce share capital from ₹3 crore to ₹10 lakh by cancelling 290,000 equity shares.
The reduction was approved by board resolution on 10.03.2026 and shareholder special resolution in EGM on same date.
Company has obtained No Objection Certificates from all 7 creditors and declares no pending deposits or investigations.
NCLT directs company to serve notices to ROC, Regional Director, creditors and publish in Business Standard newspapers.