law: Companies Act, 1956
  Sec 103     -   
  
  Registration of order and minute of reduction. 
  (1) The Registrar
  (a) on production to him of an order of the
  
  Court confirming the reduction of the share capital of a company ; and
  (b) on the delivery to him of a certified 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, (i) the amount of the
  
  share capital, (ii) the number of shares into which it is to be divided, (iii)
  
  the amount of each share, and (iv) the amount, if any, at the date of the
  
  registration deemed to be paid-up on each share ;
  shall register the order and minute.
  (2) On the registration of the order and
  
  minute, and not before, the resolution for reducing share capital as confirmed
  
  by the order 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
  
  reduction 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 substituted for the corresponding part of the memorandum of the company,
  
  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 and for the purposes of section
  
  40.