Valuation of buy- back shares

This query is : Resolved 

13 May 2010
Dear All!

Kindly let me know , valuation method required to be adopted at the time of buy- back of shares, by Private Limited Company.

Thanks in advance.

17 May 2010 There is no specific methodology / formula given by the Act. The MCA has laid down Private Limited Company and Unlisted Public Limited Company (Buy-Back of Securities) Rules, 1999 which lays down other details on the same. Please follow the link: http://www.mca.gov.in/Ministry/actsbills/rules/PLCaUPLCBBoSR1999.pdf



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