Question

Buyback must be authorized by
OA) Memorandum of Association
B) Auditors of the company
c) Employees
D) Articles of Association​

Answer 1

Buyback must be authorized by Auditors of the company.

Answer 2

Answer:

Conditions for Buy-Back: > Authorisation for Buy-back: AOA should authorise the Buy-back. > ... – Approval of Board of Directors: If the Buy-back is up to 10% of the Paid up capital and free reserve.

Step-by-step explanation:

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