According to section 68(1) of the Companies Act 2013, a company cannot purchase its own shares or other specified securities (referred to as buy-back) out of:
CS Executive · Corporate and Management Accounting · PYQS · December 2021
According to section 68(1) of the Companies Act 2013, a company cannot purchase its own shares or other specified securities (referred to as buy-back) out of:
Answer & Explanation:
Correct Answer: Option (D)
Official answer key: (D).
Topics: Companies Act, 2013
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