Within how many days of completion of buy-back must the company file a return with the Registrar and SEBI?
A7 days
B15 days
C60 days
D30 days
Answer & Solution
Correct answer: D. 30 days
1. Step 1: Sec 68(9) requires filing of return within 30 days of completion of buy-back.
2. Step 2: Unlisted companies don't file with SEBI.
3. Step 3: Hence (C).
_Source: ICAI BoS CA Inter Paper 1, Ch 12 "Buy-Back of Securities"_