alleryStart learning →The compliance certificate annexed to the buy-back return is in Form
ASH-8
BSH-9
CSH-15
DSH-10
Answer & Solution
Correct answer: C. SH-15
Form SH-15 is the compliance certificate signed by two directors and filed with the SH-11 return.
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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