Full Judgment
S.J. Mukhopadhaya, A.C.J.
1. UPON the above petition of H.W. Builders limited, the petitioner-company, above named, presented this Court on 16th February, 2004 for confirmation of reduction of paid-up capital of H.W. Builders Ltd. in terms of special resolution, passed in an Extra-ordinary General Meeting of the Company, held on Thursday, 27th day of March, 2003 at the registered office of the Company at Sneh Mian, Telephone Exchange Road, Dhan-bad-826001 (Jharkhand) AND UPON GOING THROUGH THE PETITION AND ON HEARING, on 24th June, 2004 it was ordered to publish the notice in two leading National Newspapers; one in English and another in Hindi, informing the concerned persons as to why appropriate order be not passed. Notice of hearing of the petition was published in the Newspapers 'HINDUSTAN TIMES' (English) and 'HINDUSTAN' (Hindi), both Ranchi Edition, on 27th July, 2004, AND UPON READING the affidavit, filed by the petitioner-company along with the certified copy of the resolution, passed as special resolution at the Extra-ordinary General Meeting of the H.W. Builders, Ltd., held on Thursday, 27th day of March, 2003 at Dhanbad and other enclosures attached AND UPON HEARING Mr. Rajiv Ranjan, Advocate for the petitioner- Company AND no share holder or creditor or other person entitled to appear at the hearing of the said petition, appearing this date either in support of the said petition or to show cause against the same, THIS COURT DOTH HEREBY