Can A Private Limited Company buy back its shares if there in a negative balance in Reserve & Surplus A/C?
Menu
Buy back of shares
Replies (1)
Yes it can
but it will effect your company cash holdings along with the fixed assets that relate with it
in other words it shrink the equity of the shareholders in the liability side
but it will effect your company cash holdings along with the fixed assets that relate with it
in other words it shrink the equity of the shareholders in the liability side
Recent Threads
- TDS u/s194IB - Joint Ownership
- Free GST Reconciliation Tool in Google Sheets R
- NRI return after due date refund case
- TDS u/s 194J - training honorarium
- WHERE TO REGISTER UNDER PTRC AND PTEC ACTS ?
- Key Corporate Compliance Requirements for Private
- Gst Non Filling Return Notice
- GSTR 2B ( MULTIPLE MONTHS )
- Eway bill generation for export material.
- International Tax clarification UK.
Related Threads
CAclubindia
