BUY BACK OF SHARE
This query is : Resolved
21 June 2011
Hello friends
If we want to buy back any private company shares then what will be procedure for Calculating of share price.
Thanks & regards
Ashwani Kumar
If we want to buy back any private company shares then what will be procedure for Calculating of share price.
Thanks & regards
Ashwani Kumar
21 June 2011
Firstly Privet Company is not listed in recognized stock exchange and if he want to issue share in capital market he must be convert himself into public company which is limited by either share or guaranty.
Now in pvt company case SEBI ACT -1992 AND COMPANYS ACT – 1956 and all appropriate issuing and buyback rules and regulation is not applicable.
In Pvt Company share is issued on the privet placement bases
Buy back of share is depend upon the by- laws of AOA of company. But buy back decision must be passing through special resolution and intimation given within given time to local authority.
Now in pvt company case SEBI ACT -1992 AND COMPANYS ACT – 1956 and all appropriate issuing and buyback rules and regulation is not applicable.
In Pvt Company share is issued on the privet placement bases
Buy back of share is depend upon the by- laws of AOA of company. But buy back decision must be passing through special resolution and intimation given within given time to local authority.
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
- About TDS & Income Tax
- PPF interest-As Exempt Income disclosure
- Scrutiny and reopening of past returns
- Tax on Deemed Capital Gain
- Section 194JA & JB Income which ITR Form to use
- Pass word to open justification report for Q1 for FY 2026-27
- Type of Capital Gain
- Regarding ITR filing with more value than showing in AIS/TIS
- F & O PROFIT REPORTING FOR AY 2026-27
- Booth for sales promotion
- Difff in ais receipts and gst turnover
- ITR-3 File/Error Found
- Exiting partner in partnership firm in gst portal
- Taxability of credit in canara bank ET & T section (NRO)
- Consequences of Non-Deduction of TDS under Income Tax???????????????
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
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
