buyback of shares

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bcom + lawstudent @ present
68 Points Posted on 30 March 2019
A Ltd. had entered into an Agreement with B Ltd where by B Ltd. had subscribed 500000 worth shares and after five years A Ltd. was to refund the amount at 18% IRR. now A Ltd has repaid the amount and B Ltd. has returned the share certificate. whether this amounts to buy back?
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On 30 March 2019 at 15:14 Report
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Student
924 Points Posted on 30 March 2019
Not at all
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On 30 March 2019 at 15:25
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bcom + lawstudent @ present
68 Points Posted on 30 March 2019
why not.. please give me reasons
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On 30 March 2019 at 15:29
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Student
2587 Points Posted on 31 March 2019
such an agreement can arise in case debt owned by A Ltd
such cannot be treated as buy back of shares
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On 31 March 2019 at 09:12
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bcom + lawstudent @ present
68 Points Posted on 31 March 2019
there is nothing relating to owning of debt. this A LTD and B LTD. had signed the agreement. now they have repaid as well. hence, I am of the view that was a process of buy back which wasn't complied by the company
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On 31 March 2019 at 09:52
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Student
2587 Points Posted on 31 March 2019
agreement yu hi thodi bnte haii
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On 31 March 2019 at 09:53
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bcom + lawstudent @ present
68 Points Posted on 31 March 2019
agreement me sirf itna he ki B LTD will infuse so and so amount which has to be repaid within so many years with periodic payment of interest. and this lending of amount has taken in the form of equity. I feel it's a kind of loan but coloured with equity capital .
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On 31 March 2019 at 09:56

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