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Buy Back of shares by a private ltd.co.

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Querist : Anonymous

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Querist : Anonymous (Querist)
29 January 2011 A pvt.Ltd. Co. issued shares of face value of Rs. 10 each @ Rs. 200 each .At what price can it buyback them,what are provisions relating to that.
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CA Sanat Pyne

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CA Sanat Pyne (Expert)
10 February 2011 BUY BAK PRICE SHOULD NOT BE LESS THAN THE BOOK VALUE OF SHARE ON THE DATE OF BUYBACK.
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CA Sanat Pyne

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CA Sanat Pyne (Expert)
10 February 2011 FOR BUY BACK PROVISION, VISIT THIS LINK

https://www.caclubindia.com/forum/buy-back-of-securities-an-overview--124673.asp
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