Kavish Ltd., desirous of buying back all its equity shares from the existing shareholders of the company,
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Question:
Kavish Ltd., desirous of buying back all its equity shares from the existing shareholders of the company, seeks your advice. Examining the provisions of the Companies Act, 2013 discuss whether the above buyback of equity shares by the company is possible. Also, state the sources out of which the buyback of shares can be financed.
Related Book For
Financial Accounting and Reporting
ISBN: 978-0273744443
14th Edition
Authors: Barry Elliott, Jamie Elliott
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