there is a difference between diminution and reduction of capital.
So I want to ask if buy back of equity share is reduction or diminution of capital
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buy-back of equity shares
Replies (6)
its dimunition of share capital
You can reissue the shares at any time with prospectus.
what is diminution in your opinion sir
what is diminution in your opinion sir
dimunition is the reduction of paid up capital while another one is reduction of authorised capital.
thanks sir
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