Jaldham Tradelink NCLT Share Capital Reduction Approval

NCLT Kolkata approves Jaldham Tradelink's petition to reduce its share capital from ₹9.13 lakh to ₹3.13 lakh.
Reduction follows Income Tax Dept's 2015 assessment treating ₹2.34 crore share capital/premium as unexplained cash credits.
Company settled the tax dispute via Vivad se Vishwas Scheme, paying ₹76.16 lakh in full and final settlement.
Tribunal confirms reduction as no objections were raised by regulators, creditors, and all shareholders approved the resolution.