The offer of buy-back of its own shares by a company shall not be made within a
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“The offer of buy-back of its own shares by a company shall not be made within a period of six months from the date of the closure of the preceding offer of buy-back if any, and cooling period to make a further issue of the same kind of shares including allotment of further shares shall be a period of one year from the completion of buy-back subject to certain exceptions.” Examine the validity of this statement by explaining the provisions of the Companies Act, 2013 in this regard.
Related Book For
Modern Advanced Accounting in Canada
ISBN: 978-1259087554
8th edition
Authors: Hilton Murray, Herauf Darrell
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