buy-back of shares of Pvt. ltd. co

is there any recent circular which prohobits the promotors of a pvt. ltd. co. from buying back the shares of their company?

Replies (1)

Dear Prasanna,

 

As per my knowledge, there is no circular issued by the concerned department/ ministry which restricts the promoters of the Private Limited Company from buying back shares of their own Company.

 

Regards,

 

Ratti Wahal, ACS

Assistant Manager

Kapgrow Corporate Advisory Services Private Limited

E-173, Kalkaji, New Delhi-110019

Contact No.(s):011-40553774, 9310270885

e-mail: ratti.wahal @ kapgrow.com

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