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