Section 68(4); Every buy-back shall be completed within a period of .......... from the date of passing of the special resolution, or as the case may be, the resolution passed by the Board.

CS Executive · Corporate and Management Accounting · PYQS · December 2021
Section 68(4); Every buy-back shall be completed within a period of .......... from the date of passing of the special resolution, or as the case may be, the resolution passed by the Board.
(A) 6 months
(B) One year
(C) Two years
(D) 5 years

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Companies Act, 2013

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