there is a difference between diminution and reduction of capital.
So I want to ask if buy back of equity share is reduction or diminution of capital
6 Replies
RAJESH KUMAR
(STUDENT)
(67 Points)
Replied 07 October 2017
You can reissue the shares at any time with prospectus.
RAJESH KUMAR
(STUDENT)
(67 Points)
Replied 07 October 2017
dimunition is the reduction of paid up capital while another one is reduction of authorised capital.
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