Buy Back of shares
Querist : Anonymous
The provisions regulating buy back of shares are contained in Section 77A, 77AA and 77B of the Companies Act,1956. These were inserted by the Companies (Amendment) Act,1999. The Securities and Exchange Board of India (SEBI) framed the SEBI(Buy Back of Securities) Regulations,1999 and the Department of Company Affairs framed the Private Limited Company and Unlisted Public company (Buy Back of Securities) rules,1999 pursuant to Section 77A(2)(f) and (g) respectively.
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Querist : Anonymous
Thanks in advance
https://www.legalserviceindia.com/articles/shares.htm
hopefully you will get complete information regaing buy back.
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Querist : Anonymous
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