Register of Securities Bought Back: maintain prescribed entries on authorisation, mode, consideration, cancellation and destruction. The prescribed Register of Securities Bought Back requires companies to record the members' special resolution date, authorised amount and completion date, and detailed entries for each buy-back: folio/certificate reference, buy-back date, number and category of securities, last holder and register reference, mode of buy-back, face value, buy-back value per security, total consideration and cumulative totals, plus dates of cancellation, extinguishment and physical destruction. The register must include other relevant details, remarks and an authorised signature block with name, designation, date and company seal.
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Register of Securities Bought Back: maintain prescribed entries on authorisation, mode, consideration, cancellation and destruction.
The prescribed Register of Securities Bought Back requires companies to record the members' special resolution date, authorised amount and completion date, and detailed entries for each buy-back: folio/certificate reference, buy-back date, number and category of securities, last holder and register reference, mode of buy-back, face value, buy-back value per security, total consideration and cumulative totals, plus dates of cancellation, extinguishment and physical destruction. The register must include other relevant details, remarks and an authorised signature block with name, designation, date and company seal.
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