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buy back of shares
Whether the back of shares amounts if reduction of share capital?
Replies (1)
No....
Buyback of Shares under Section 68 of the Companies Act 2013 does not amounts to Reduction of Share Capital u/s 66 of the Companies Act 2013.
Reduction means cancelling the paid up Share Capital.
Warm Regards.
Buyback of Shares under Section 68 of the Companies Act 2013 does not amounts to Reduction of Share Capital u/s 66 of the Companies Act 2013.
Reduction means cancelling the paid up Share Capital.
Warm Regards.
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