+1 vote
in Class 12 by kratos

What are the condition of buy back of shares?

(a) All the buy back share should be fully paid up

(b) The buy back of should not exceed 25% of the total paid-up capital and free reserve of the company

(c) Articles of association of the company authorise it to do so

(d) All of the above

1 Answer

+1 vote
by kratos
 
Best answer

(c)Articles of association of the company authorise it to do so

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