{"id":2606,"date":"2019-10-20T06:12:13","date_gmt":"2019-10-20T06:12:13","guid":{"rendered":"https:\/\/commerceiets.com\/?p=2606"},"modified":"2019-10-20T06:12:13","modified_gmt":"2019-10-20T06:12:13","slug":"internal-reconstruction","status":"publish","type":"post","link":"https:\/\/commerceiets.com\/internal-reconstruction\/","title":{"rendered":"INTERNAL RECONSTRUCTION"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/commerceiets.com\/internal-reconstruction\/#MEANING\" title=\"MEANING\">MEANING<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/commerceiets.com\/internal-reconstruction\/#CONDITIONS_PROVISIONS_REGARDING_INTERNAL_RECONSTRUCTION\" title=\"CONDITIONS\/ PROVISIONS REGARDING INTERNAL RECONSTRUCTION\">CONDITIONS\/ PROVISIONS REGARDING INTERNAL RECONSTRUCTION<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/commerceiets.com\/internal-reconstruction\/#AUTHORISATION_BY_ARTICLES_OF_ASSOCIATION\" title=\"AUTHORISATION BY ARTICLES OF ASSOCIATION\">AUTHORISATION BY ARTICLES OF ASSOCIATION<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/commerceiets.com\/internal-reconstruction\/#PASSING_OF_SPECIAL_RESOLUTION\" title=\"PASSING OF SPECIAL RESOLUTION\">PASSING OF SPECIAL RESOLUTION<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/commerceiets.com\/internal-reconstruction\/#PERMISSION_OF_TRIBUNAL\" title=\"PERMISSION OF TRIBUNAL\">PERMISSION OF TRIBUNAL<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/commerceiets.com\/internal-reconstruction\/#PAYMENT_OF_BORROWINGS\" title=\"PAYMENT OF BORROWINGS\">PAYMENT OF BORROWINGS<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/commerceiets.com\/internal-reconstruction\/#CONSENT_OF_CREDITORS\" title=\"CONSENT OF CREDITORS\">CONSENT OF CREDITORS<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/commerceiets.com\/internal-reconstruction\/#PUBLIC_NOTICE\" title=\"PUBLIC NOTICE\">PUBLIC NOTICE<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/commerceiets.com\/internal-reconstruction\/#WAYS_OF_REDUCTION_OF_CAPITAL\" title=\"WAYS OF REDUCTION OF CAPITAL\">WAYS OF REDUCTION OF CAPITAL<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\" style=\"text-align:center\"><span class=\"ez-toc-section\" id=\"MEANING\"><\/span>MEANING<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"has-medium-font-size\">Internal Reconstruction is also known as Capital Reduction. Section 66 of the companies Act governs the internal reconstruction. A company resorts to internal reconstruction or capital reduction only in exceptional circumstances. Internal reconstruction result in the reduction of the capital of the company.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" style=\"text-align:center\"><span class=\"ez-toc-section\" id=\"CONDITIONS_PROVISIONS_REGARDING_INTERNAL_RECONSTRUCTION\"><\/span>CONDITIONS\/ PROVISIONS REGARDING INTERNAL RECONSTRUCTION<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"AUTHORISATION_BY_ARTICLES_OF_ASSOCIATION\"><\/span>AUTHORISATION BY ARTICLES OF ASSOCIATION<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p class=\"has-medium-font-size\">The company must be authorized by its articles of\nassociation to resort for capital reduction. Articles of association contains\nall the details regarding the internal affairs of the company and mention the\nclause containing manner of reduction of capital.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"PASSING_OF_SPECIAL_RESOLUTION\"><\/span>PASSING OF SPECIAL RESOLUTION<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p class=\"has-medium-font-size\">The company must pass the special resolution before\nresorting to capital reduction. The special resolution can be passed only if\nthe majority of the stakeholders are assenting to the internal reconstruction. This\nspecial resolution must be get signed by the tribunal and deposited to the\nregistrar appointed under the Companies Act, 2013.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"PERMISSION_OF_TRIBUNAL\"><\/span>PERMISSION OF TRIBUNAL<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p class=\"has-medium-font-size\">The company must get the due permission of the court or\ntribunal before starting the process of the capital reduction. The tribunal grants\npermission only it feels satisfied with the point that the company is going\nfair and there is positive consent of every stakeholder.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"PAYMENT_OF_BORROWINGS\"><\/span>PAYMENT OF BORROWINGS<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p class=\"has-medium-font-size\">As per Section 66 of the Companies Act, 2013, the company\nhas to repay all the amounts it gets deposited and also the interest due thereon\nbefore going for capital reduction.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"CONSENT_OF_CREDITORS\"><\/span>CONSENT OF CREDITORS<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p class=\"has-medium-font-size\">The written consent of the creditors is required for the\ncompany which is going for capital reduction. The court requires the company to\nsecure the interest of the dissenting creditors. The company gets the\npermission of the court after the court thinks fit that reduction of capital\nwill not harm the interest of the creditors.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"PUBLIC_NOTICE\"><\/span>PUBLIC NOTICE<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p class=\"has-medium-font-size\">The company has to make a public notice as per the\ndirections of the tribunal stating that the company is resorting to capital\nreduction. Also the company has to state the valid reasons for the same. &nbsp;&nbsp;&nbsp;<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"WAYS_OF_REDUCTION_OF_CAPITAL\"><\/span>WAYS OF REDUCTION OF CAPITAL<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p class=\"has-medium-font-size\">The company limited by shares and limited by guarantee can\ngo for internal reconstruction in three ways:<\/p>\n\n\n\n<p class=\"has-medium-font-size\"><strong>By reducing or extinguishing the liability:<\/strong> the company can repay its liability on account of uncalled amount on the shares issued. Under this method, the paid up shares capital of the company would remain unchanged.\u00a0 In this case, the uncalled liability is cancelled by passing the following entry:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Share capital A\/c (Partly paid up)\u00a0\u00a0\u00a0 Dr.<\/strong><\/p><p><strong>\u00a0\u00a0\u00a0 To Share Capital A\/c\u00a0\u00a0 (fully paid up)<\/strong><\/p><\/blockquote>\n\n\n\n<p class=\"has-medium-font-size\"><strong><em>EXAMPLE: <\/em><\/strong>X Limited issued 50,000 equity shares of Rs. 20 each, Rs. 15 called up. After complying with the requirements of the Companies Act, the company proceeds to extinguish the uncalled liability on its shares. The journal entry to be passed is:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Equity share capital A\/c (Rs.20)  Dr.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 7,50,000<\/strong><\/p><p><strong>\u00a0\u00a0\u00a0 To equity Share capital A\/c (Rs. 15)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 7,50,000<\/strong><\/p><\/blockquote>\n\n\n\n<p class=\"has-medium-font-size\">(Being 50,000 equity shares of Rs. 20 each, Rs. 15 paid\nconverted into equal number of shares of Rs. 15 fully paid up)<\/p>\n\n\n\n<p class=\"has-medium-font-size\"><strong>Reducing the capital by returning the excess capital:<\/strong> In case the company has availability of surplus cash, the company can use it to repay the excess capital if it finds it profitable. The capital can be refunded after complying with the proper procedure. The journal entry to be passed under this method is as follows:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Share Capital A\/c (old)\u00a0\u00a0 Dr.<\/strong><\/p><p><strong>\u00a0\u00a0\u00a0 To share capital A\/c (new)<\/strong><\/p><p><strong>\u00a0\u00a0\u00a0 To shareholders A\/c<\/strong><\/p><\/blockquote>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Shareholders A\/c\u00a0\u00a0\u00a0 Dr.<\/strong><\/p><p><strong>\u00a0\u00a0\u00a0 To Bank A\/c<\/strong><\/p><\/blockquote>\n\n\n\n<p class=\"has-medium-font-size\">In this method the share capital of the company is reduced\nupto the amount refunded.<\/p>\n\n\n\n<p class=\"has-medium-font-size\"><strong><em>EXAMPLE: <\/em><\/strong>A company has 50,000 shares of Rs. 10 each fully paid up. The company decided to repay to its member Rs. 3 per share and make the shares of Rs. 7 each fully paid up. The journal entry will be:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Share Capital A\/c (Rs.10)\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Dr.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 5,00,000<\/strong><\/p><p><strong>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 To share capital A\/c (Rs. 7)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 3,50,000<\/strong><\/p><p><strong>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 To shareholders A\/c\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1,50,000<\/strong><\/p><\/blockquote>\n\n\n\n<p class=\"has-medium-font-size\">(Being conversion of shares of Rs. 10 into shares of Rs. 7\neach money due to its members)<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Shareholders A\/c\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Dr.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1,50,000<\/strong><\/p><p><strong>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 To Bank Account\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1,50,000<\/strong><\/p><\/blockquote>\n\n\n\n<p class=\"has-medium-font-size\">(Being payment of money to shareholders)<\/p>\n\n\n\n<p class=\"has-medium-font-size\"><strong>Reducing the paid up share capital:<\/strong> When the company suffers losses continuously due to some reasons, it is quite common that the accumulated losses and deferred expenses will appear on the assets side of balance sheet. \u00a0The fictitious assets on the balance sheet makes clear that the company is unable to discharge its liability. Under such circumstances, the capital which is unpresented by available assets should be cancelled. The journal entries to be passed will be:<\/p>\n\n\n\n<table class=\"wp-block-table\"><tbody><tr><td>   <strong>When the face value of the shares is changed or rate of dividend on preference   shares is changed, it amounts to change in the category of the share capital   <\/strong><br \/>Share Capital A\/c (old)\u00a0\u00a0\u00a0\u00a0 Dr.<br \/>   \u00a0\u00a0\u00a0 To share capital A\/c (new)<br \/>   \u00a0\u00a0\u00a0 To capital reduction A\/c   <br \/><strong>If the face value of the shares or rate of dividend is not changed,   it does not amount to change in category of share capital.   <\/strong><br \/>Share Capital A\/c<br \/>   \u00a0\u00a0\u00a0 To Capital reduction A\/c   <\/td><\/tr><tr><td><strong>   If debenture holders and other creditors also make sacrifice.   <br \/><\/strong>Debentureholders A\/c\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0   Dr.   <br \/>Creditors A\/c\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Dr.<br \/>   \u00a0\u00a0\u00a0\u00a0\u00a0 To capital reduction   account   <\/td><\/tr><tr><td><strong>   If the value of any asset to be appreciated   <br \/><\/strong>Asset A\/c\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Dr.<br \/>   \u00a0\u00a0\u00a0\u00a0 To Capital reduction A\/c   <\/td><\/tr><tr><td><strong>   If some unrecorded\/ contingent liability is to be paid for   <br \/><\/strong>Capital Reduction A\/c\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0   Dr.<br \/>   \u00a0\u00a0\u00a0 To Liability payable A\/c   <\/td><\/tr><tr><td><strong>   When the amount of capital reduction is utilized in writing off   accumulated losses, fictitious assets, intangible assets etc.   <br \/><\/strong>Capital Reduction A\/c\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0   Dr.<br \/>   \u00a0\u00a0\u00a0 To Statement of profit and   loss A\/c<br \/>   \u00a0\u00a0\u00a0 To discount\/ commission on   shares or debentures A\/c<br \/>   \u00a0\u00a0\u00a0 To preliminary expenses A\/c<br \/>   \u00a0\u00a0\u00a0 To goodwill A\/c<br \/>   \u00a0\u00a0\u00a0 To Patents and trade marks   A\/c<br \/>   \u00a0\u00a0\u00a0 To other assets A\/c   <\/td><\/tr><tr><td><strong>   If there is any balance in capital reduction account, the same is   transferred in capital reduction account   <br \/><\/strong>Capital Reduction A\/c\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0   Dr.<br \/>   \u00a0\u00a0\u00a0\u00a0 To Capital reserve A\/c   <\/td><\/tr><\/tbody><\/table>\n","protected":false},"excerpt":{"rendered":"<p>MEANING Internal Reconstruction is also known as Capital Reduction. Section 66 of the companies Act governs the internal reconstruction. A company resorts to internal reconstruction or capital reduction only in exceptional circumstances. Internal reconstruction result in the reduction of the capital of the company. CONDITIONS\/ PROVISIONS REGARDING INTERNAL RECONSTRUCTION AUTHORISATION BY ARTICLES OF ASSOCIATION The&#8230;<\/p>\n<p class=\"more-link-wrap\"><a href=\"https:\/\/commerceiets.com\/internal-reconstruction\/\" class=\"more-link\">Read More<span class=\"screen-reader-text\"> &ldquo;INTERNAL RECONSTRUCTION&rdquo;<\/span> &raquo;<\/a><\/p>\n","protected":false},"author":2,"featured_media":2607,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[102],"tags":[177],"_links":{"self":[{"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/posts\/2606"}],"collection":[{"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/comments?post=2606"}],"version-history":[{"count":0,"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/posts\/2606\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/media\/2607"}],"wp:attachment":[{"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/media?parent=2606"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/categories?post=2606"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/tags?post=2606"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}