alleryStart learning →A buy-back offer to shareholders must normally stay open for
A7 to 15 days
B15 to 30 days
C30 to 60 days
D60 to 90 days
Answer & Solution
Correct answer: B. 15 to 30 days
The offer period runs at least 15 days and at most 30 days from dispatch of the letter of offer.
Keep practising Buy-Back of Securities
Browse all Buy-Back of Securities questions for CA Inter, or explore more Accounting topics.
Related questions
Under Section 68, specified securities includeAfter a buy-back, a remaining investor's proportionate ownershipThe details of the transfer to capital redemption reserve are to be disclosed in the40,000 shares of face value Rs 5 are bought back at Rs 9. Equity share capital is debited Which can absorb the premium paid on a buy-back?Shares that a company has bought back areWithin six months after a buy-back, a company may still make aThe register of bought back shares is kept at the company's