Menu
Ca final urgent
is buyback rate 15% or 25% for nov 14 as in rtp it is givn 15% bt praveen sharma sir in amdt cls told it ws nt relevant for accounts papee...in chaptr of corporate restructuring we will use 25% only na???
Replies (1)
LIMIT STANDS 25%
BUT for listed companies which are governed by SEBI (regulations) limit is 15% from open market
This means that even listed company can exceed 15% but max upto 25% if they buy back such excess from Sources other than open market viz
1 odd lots
2 Employyes
3 Existing SH on a propotionate basis
Recent Threads
- Query of Goodwill
- Remuneration to Partners
- Request For Dhirajlal Rambhia
- Tds deduction queery
- Check ITR1 on income tax Form ITR1 Instead of 1 ho
- Form 121 requirement
- Interest on reversal of ITC when ITC balance avail
- Is MirrorFly an Instant Messaging Software?
- ITR filling for legal heir
- How Can I qualify CA Final Exam?
Related Threads
CAclubindia
