Buy Back of shares

This query is : Resolved

ankit singhal (Querist)
Follow

08 September 2010 Respected Members,

Can a listed Company buy back its shares from a private investor at a future date.

please share your views.

Thanks & Regards,

Rasesh

Rasesh (Expert)
Follow

08 September 2010 A Listed Company cannot do so. However, another option is for the promoter to buy out the private investor at a future date through an share purchase agreement.

ankit singhal

ankit singhal (Querist)
Follow

08 September 2010 thank you so much
But can a promoter of a listed company do so and please provide the the authority from where i can get the detaied information.

Rasesh

Rasesh (Expert)
Follow

08 September 2010 Yes. The Promoter can do so. The agreement would be in the nature of agreement for first right of refusal.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Krishnaveni karur

ashvini tripathi

Suranjan Das

saurabh sawlani

Richa Bajoria

Subscribe Now

Buy Back of shares

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

GST CONSULTANCY

Manager- Finance and Compliance

Senior Executive

CA Final

GST CONSULTANT

Accountant