The buy-back of equity shares in any financial year cannot …………… exceed of its total paid-up equity capital in that financial year.
CS Executive · Corporate and Management Accounting · PYQS · December 2024
The buy-back of equity shares in any financial year cannot …………… exceed of its total paid-up equity capital in that financial year.
Answer & Explanation:
Correct Answer: Option (C)
Official answer key: (C).
Topics: Company Law
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