The act of purchasing its own
share by the Company is
termed as
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0
Answer:
sorry but I don't know !!
Answered by
2
Answer:
Section 68
Step-by-step explanation:
Section 67(1) of Companies Act, 2013 prohibits buying by a company of its own shares. Thus, unless the transaction is one in which shares are bought (for consideration), Section 67(1) would not apply (since buying contemplates payment by buyer some consideration to the seller)
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