Home › CA Inter › law › Share Capital and Debentures › Buy-back of shares in a year is generally limite…
Buy-back of shares in a year is generally limited to ___ of the total paid-up equity capital and free reserves:
A75%
B50%
C100%
D25%
Answer & Solution
Correct answer: D. 25%
Buy-back is capped at 25% of paid-up equity capital and free reserves.
Related questions
The portion of authorised capital actually issued to shareholders is the ___ capital:Debentures of a company may be secured by creating a charge on the company's:A company can issue bonus shares only out of its free reserves, securities premium or:Preference shares that also share in surplus profits beyond the fixed dividend are:Capital that a company has not yet called up from its shareholders is known as:Buy-back of shares is governed primarily by Section ___ of the Companies Act, 2013:Equity shares with differential voting rights are a recognised sub-class of:Further issue of share capital by a company is dealt with primarily under Section: