Question

22)company make a 25% buyback of shares under section
a) 65
b) 66
c) 67
d) 68​

Answer 1

Explanation:

22)company make a 25% buyback of shares under section

a) 65

b) 66

c) 67

d) 68

Answer 2

Answer:

a) 68

Explanation:

As per Section 68 of the Companies Act, 2013 the conditions for Buy-back of shares are:

Approval of Shareholders- up to 25% of the aggregate of paid-up capital and free reserves of the company.