Accountancy, asked by saiprasad391999, 4 months ago

Buyback must be authorized by

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Answered by Anonymous

1

Authorization for Buy-Back: Articles of Association(AOA) of the company should authorize Buy-Back, if no provision in AOA then first alter the AOA. 2. ... Approval of Board of Directors- up to10% of the total paid-up equity capital and free reserves of the company.

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