alleryStart learning →After a buy-back lifts a holder over the threshold, holding must fall below it within what?
A30 days
B60 days
C90 days
D180 days
Answer & Solution
Correct answer: C. 90 days
Regulation 10(3) exempts the increase if the shareholder cuts voting rights below the Regulation 3(1) threshold within ninety days of the buy-back closure.
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