Corporate Laws
Power of Company to Buy-Back its Securities: Purchase & Prohibition (S. 68 & 70)
Introduction: Section 68 read with Section 77A of the Companies Act, 2013 implies that a private, public or unlisted company that is limited by shares or one limited by guarantee and possessing share capital, can buy its securities. A company is empowered by Section 77A of the Companies Act to Read more…