Percentage of buyback of shares should not exceed --------- of the aggregate of the paid up capital and free reserves of the company.

Related MCQs

• Ratio of aggregate of secured and unsecured debt owned by the company after buyback should not be more than ---------the paid up capital and free reserves.
• Extinguish and physically destroy the shares and other specified securities buyback within ---- days of the last date of completion of a buyback.
• Approval of Board of directors upto ------ % of the total paid up equity capital and free reserves of the company.
• The company shall maintain a register of buyback for shares and other securities in form no.------------- at the registeredoffice of the company.
• Before the buyback of shares, the company shall file with the Registrar of Companies a letter of offer in e-form --------.
• ----------------of the company shall contain on enabling provision for buyback of shares.
• A-------------- is a type of corporate action in which an acquiring company makes an offer to the target company's shareholders to buy the target company's shares to gain control of the business.
• The return of buyback shall be filed with the Registrar in form no. -----------
• The offer for buyback shall remain open for minimum period of -------days.
• Every buyback shall be completed within a period of------------------- from the date of passing of board or special resulation.