Reduction Hearing definition
Reduction Hearing means the hearing by the Court of the petition to confirm the reduction of share capital of IXEurope under section 137 of the Companies Act provided for by the Scheme, at which the Reduction Order is expected to be granted;
Reduction Hearing means the hearing by the Court of the petition to confirm the cancellation of the entire issued share capital of Chaucer under section 648 of the Act, provided for by the Scheme, at which the Reduction Order is expected to be granted;