Buy Back of shares by a private ltd.co.
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 January 2011
A pvt.Ltd. Co. issued shares of face value of Rs. 10 each @ Rs. 200 each .At what price can it buyback them,what are provisions relating to that.
CA Sanat Pyne
(Expert)
10 February 2011
BUY BAK PRICE SHOULD NOT BE LESS THAN THE BOOK VALUE OF SHARE ON THE DATE OF BUYBACK.
CA Sanat Pyne
(Expert)
10 February 2011
FOR BUY BACK PROVISION, VISIT THIS LINK
https://www.caclubindia.com/forum/buy-back-of-securities-an-overview--124673.asp
https://www.caclubindia.com/forum/buy-back-of-securities-an-overview--124673.asp
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