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
Lavina Salian
(Asst. Company Secretary)
(101 Points)
Replied 17 January 2012
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.
CAclubindia
