Buy-back of securities rules establish commencement and statutory authority for private and unlisted public companies under Companies Act. The Private Limited Company and Unlisted Public Limited Company (Buy-back of Securities) Rules, 1999, made under section 77A of the Companies Act, 1956 read with the enabling provision, govern buy-back of securities by private and unlisted public companies. The Rules are titled accordingly and commence on the date of their publication in the Official Gazette as specified in the notification.
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Provisions expressly mentioned in the judgment/order text.
Buy-back of securities rules establish commencement and statutory authority for private and unlisted public companies under Companies Act.
The Private Limited Company and Unlisted Public Limited Company (Buy-back of Securities) Rules, 1999, made under section 77A of the Companies Act, 1956 read with the enabling provision, govern buy-back of securities by private and unlisted public companies. The Rules are titled accordingly and commence on the date of their publication in the Official Gazette as specified in the notification.
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