Buy Back of shares - Who is benefited the most?

CS Advocate Abhishek Goyal | Last updated: 29 September 2011

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Untitled 1 .style2 { border-width: 0px; } .style7 { border-style: solid; border-width: 1px; } As we are aware, Indian companies were not allowed to repurchase its own securities prior to coming into force of Companies (Amendment) Act, 1999. The said amendment inserted new sections 77A, 77AA and 77B into the Companies Act so as to enable Indian companies to repurchase its securities. The purpose of insertion of these provisions into the Companies Act was to enable the compan

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1 Year PLAN

1999

(Excl. of GST ₹359)

BEST VALUE

2 Years PLAN

3499

(Excl. of GST ₹629)

3 Months PLAN

999

(Excl. of GST ₹179)

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About the Author

CS Advocate Abhishek Goyal

M Com FCS LLB M-AIMA

M.Com., FCS, LLB, M-AIMA, enrolled GST practitioner and tax consultantfrom Rajasthan having 12 years of experience in the field of income tax, GST and corporate law matters.

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