Reduce share capital: SR + NCLT confirmation, creditors hearing, auditor certificate
MCA charges additional fees that rise with the delay, up to 12 times the normal filing fee. OnCompliance tracks the date and warns you before it costs anything.
Board resolution approving the proposed reduction scheme.
Members pass SR for capital reduction.
Auditor certifies accounting treatment for the reduction.
File petition with NCLT for confirmation of reduction (RSC-1).
Publish notice to creditors as directed by NCLT.
Attend NCLT hearing and obtain confirmation order.
File certified copy of NCLT order with ROC.
Every guide runs like this in OnCompliance: steps in order, dates in view, paperwork made for you at each step.