COMPANIES ACT, 1929 
597 
iormation in regard thereto as the court may think expedient 
with a view to giving proper information to the public, and, 
if the court thinks fit, the causes which led to the reduction. 
(3) Where a company is ordered to add to its name the words 
“and reduced,” those words shall, until the expiration of the period 
specified in the order, be deemed to be part of the name of the 
company. 
58.—(1) The registrar of companies, on production to him of 
an order of the court confirming the reduction of the share capital 
of a company, and the delivery to him of a copy of the order and of 
a minute approved by the court, showing with respect to the share 
capital of the company, as altered by the order, the amount of the 
share capital, the number of shares into which it is to be divided, 
and the amount of each share, and the amount, if any, at the date 
of the registration deemed to be paid up on each share, shall register 
the order and minute. 
Registration of 
order and minute 
of reduction. 
(2) On the registration of the order and minute, and not before, 
the resolution for reducing share capital as confirmed by the order 
so registered shall take effect. 
(3) Notice of the registration shall be published in such manner 
as the court may direct. 
4) The registrar shall certify under his hand the registration 
of the order and minute, and his certificate shall be conclusive 
evidence that all the requirements of this Act with respect to reduc- 
tion of share capital have been complied with, and that the share 
capital of the company is such as is stated in the minute. 
{5) The minute when registered shall be deemed to be sub- 
stituted for the corresponding part of the memorandum, and shall 
be valid and alterable as if it had been originally contained therein. 
(6) The substitution of any such minute as aforesaid for part 
of the memorandum of the company shall be deemed to be an 
alteration of the memorandum within the meaning of section 
twentv-four of this Act 
59.—(1) In the case of a reduction of share capital, a member Liability of 
of the company, past or present, shall not be liable in respect of members in 
g . . respect of re- 
any share to any call or contribution exceeding in amount the guid shares 
difference, if any, between the amount of the share as fixed by the 
minute and the amount paid, or the reduced amount, if any, which 
is to be deemed to have been paid, on the share, as the case may be: 
Provided that, if any creditor, entitled in respect of any debt 
or claim to object to the reduction of share capital, is, by reason 
of his ignorance of the proceedings for reduction, or of their nature 
and effect with respect to his claim, not entered on the list of 
creditors, and, after the reduction, the company is unable, within 
the meaning of the provisions of this Act with respect to winding 
up by the court, to pay the amount of his debt or claim then——