Buy Back under Section 77A

This query is : Resolved 

23 June 2010 Dear Sir,

Can an unlisted public company buy back its Fully Convertible Debentures?

Thanks and regards

Deepak Maharishi

23 June 2010 Dear Sir,

Law is totally silent about the same. However section 77A uses the term other specified securities but nowhere defined the same.

Regards


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