Can securities premium utilised for buy back of shares as per companies act 2013?

Posted 3 years, 10 months ago by Rahul Rai

As per section 68 of Companies act 2013 A Company may purchase its own shares or other specified securities out of –

(a) Its free reserve;

(b) the securities premium account; or

(c) the proceeds of the issue of any shares or other specified securities.

Posted 3 years, 10 months ago by CA Pulkit Sharma

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