Plz help

Others 470 views 2 replies

can a closely held co make a tender offer for buy back of shares to its members..??

n what if a single member only wishes to apply for buy back of his entire holding in the company??

thanx

Replies (2)

 

A Private or unlisted public company may buy-back its shares by either of the following 
methods :-  
(a)  from the existing shareholders on a proportionate basis through private offers;  
(b)  by purchasing the securities issued to employees of the company pursuant to a 
scheme of stock option or sweat equity.  
 
accordingly it is mandatory that buyback should be made on proportionate basis from all existing shareholder
Originally posted by : CS Rajveer Rai, Gurgaon


 

A Private or unlisted public company may buy-back its shares by either of the following 

methods :-  

(a)  from the existing shareholders on a proportionate basis through private offers;  

(b)  by purchasing the securities issued to employees of the company pursuant to a 

scheme of stock option or sweat equity.  

 

accordingly it is mandatory that buyback should be made on proportionate basis from all existing shareholder

 

so is there any manner in which we can buy back shares of a particular shareholder sir??


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