Buy Back
This query is : Resolved
09 December 2010
What should be minimum gap between 2 buy back of equity shares if it is authorised by share holders in their meeting.
If limitation of 365 days is applicable then From which date 365 days is to be counted. From date of BOD meeting or from date of completion of buy back.
Please give your views.
Neeraj Somani
If limitation of 365 days is applicable then From which date 365 days is to be counted. From date of BOD meeting or from date of completion of buy back.
Please give your views.
Neeraj Somani
udit sharma
(Expert)
09 December 2010
Hi
In my opinion the period of 365 days is to be reckoned from the date of preceding offer of Buy buy back. That is to say, from the date on which last offer of buy back was made to the shareholders.
God Bless
Udit Sharma
In my opinion the period of 365 days is to be reckoned from the date of preceding offer of Buy buy back. That is to say, from the date on which last offer of buy back was made to the shareholders.
God Bless
Udit Sharma
Jayashree S Iyer
(Expert)
10 December 2010
Yes. Agree with the expert.
The waiting period is 365 days.
The next offer of buy back shall be made only after expiry of 365 days from the date on which last offer of buy back was made.
The waiting period is 365 days.
The next offer of buy back shall be made only after expiry of 365 days from the date on which last offer of buy back was made.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- EPF ECR NEW FILE SEP 17TH 2026
- PTRC Show Cause Notice on Email
- Utilisation Fy 25-26 TDS challans in Fy 26-27 TDS Return
- Capital Gail Exemption Certificate
- SECTION 393(3) TAX ON CASH WITHDRAWAL
- TAX AUDIT ON PROFESSIONAL INCOME
- Clarification Requested: Gift → NRO → NRE → Overseas Transfer - USA/CANDA (FEMA & Tax Compliance)
- Import of Software Service.
- EPF ECR NEW RULES Sep 17th 2026
- Taxation of crypto futures in India Fy 2026- 2027
- Transfer of Physical Stock Between Two Proprietorship Concerns
- Unable to File TDS Q2 Return – New TRACES Portal Error
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
