Business Studies, asked by saokenanda, 6 months ago

buyback of equity shares in any financial year shall not ​

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Answered by Anonymous
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RESTRICTION ON USE ANY MEANS OF FUND FOR PAYMENT OF BUYBACK:– The company shall not utilize any money borrowed from banks or financial institutions for the purpose of buying back its shares. > A company buying back its securities is prohibited from making a further issue of securities within a period of 6 months. ...

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