Every buyback shall be completed within a period of------------------- from the date of passing of board or special resulation.

Related MCQs

• Extinguish and physically destroy the shares and other specified securities buyback within ---- days of the last date of completion of a buyback.
• The offer for buyback shall remain open for minimum period of -------days.
• Before the buyback of shares, the company shall file with the Registrar of Companies a letter of offer in e-form --------.
• The company shall maintain a register of buyback for shares and other securities in form no.------------- at the registeredoffice of the company.
• The return of buyback shall be filed with the Registrar in form no. -----------
• ----------------of the company shall contain on enabling provision for buyback of shares.
• The ---------is prepared by insolvency resulation applicant and submitted to insolvency professional who seek the consent of committee of creditors.
• Merger or takeover may be provided for as a part of insolvency resulation plan under the Insolvency and Bankruptcy Code, -----------
• Percentage of buyback of shares should not exceed --------- of the aggregate of the paid up capital and free reserves of the company.
• 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.