Buy back of shares
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 November 2013
Hi,I want to know if any director of the company is resigning and the authorised capital of the company is one lack.Resigning director having share 7.5%.Company gave 10,000 advance to the resigning director in previous month.Now what should be the procedure of buyback of shares.Can you explain in detail.
29 November 2013
The provision of buy back will not applicable.
You also check the terms and condition of giving advance to director.
You also check the terms and condition of giving advance to director.
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
- Multiple payment of self assessment tax for A Y 2025-2026
- CAPITAL GAIN REDEVELOPED FLAT
- REGARDING ITR FILING QUESTION
- CLOSING STOCK QUERY
- Requirement under FEMA &RBI
- Correction in TDS return New Traces Portal
- Missed TDS
- Gst reverse charge mechanism to be claimed in the month of payment
- Rent claimed on building given on permissive possession basis
- DUE DATE FOR ITR FILING
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- CPC and SAC
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
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
