Every buy-back shall be completed within a period of ............ from the date of the resolution or special resolution, as the case may be, passed by the Board.

CS Executive · Corporate and Management Accounting · PYQS · December 2019
Every buy-back shall be completed within a period of ............ from the date of the resolution or special resolution, as the case may be, passed by the Board.
(A) One month
(B) Three months
(C) Six months
(D) One year

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Company Law

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