Buy back of shares

Pankaj Arora (Learner) (3129 Points)

20 January 2012  

 

Dear All

Our unlisted public company want to buyback shares but the shareholder not giving permission to buyback.  that’s why board of director is going to buyback 10 % of its net worth. Here one more thing is that our net worth is capital so pls tell me how will buy back in this case and what will the process to buyback?