company law

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

25 June 2010 equity capital 100000 F.A. 200000
pref. S. Capital 50000
General reserve 10000 C.A. 128000
S. Premium 20000
P&l 8000
Workman compen-
sation fund 10000
(Estimated
claim 6000)
Debt. 50000
other Long term
laibilities 40000 Misc.Exp 10000
Current laibi-
ties 50000

how much amount of shares can be buy back by the company as per section 77A

Querist : Anonymous

Querist : Anonymous (Querist)

28 June 2010 33000 amount of shares can be buy back by a company throug securities premium, free reserve, proceed of fresh issue of secuirities

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