Buy back of shares

Others 496 views 1 replies

can a pvt co buy back all shares held by 2 of it members out of total of 6 members..??

total issued shares 33500

shares held by 2 members 3500

 

Replies (1)

Yes.You have to follow Private Limited Company and Unlisted Public Limited Company (Buy - Back of securities) Rules, 1999 and Section 77A of the Companies Act, 1956.


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