PQR Limited, a listed company, is intending to make buy-back of its equity shares. Referring to SEBI Buy-back Regulations, explain the following: What is time limit for completing buy-back process?
CS Executive · Securities Laws and Capital Markets · PYQS · June 2021
PQR Limited, a listed company, is intending to make buy-back of its equity shares. Referring to SEBI Buy-back Regulations, explain the following: What is time limit for completing buy-back process?
Answer & Explanation:
Every buy back shall be completed within a period of one year from the date of passing of the special resolution passed at the general meeting, or the resolution passed by the Board of directors of the company, as the case may be.
Topics: Buy-back of Securities
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