Filing of letter of offer required before buy back; declaration of solvency must accompany and be filed with the registrar. Companies authorised by special resolution to effect a buy back must file a draft letter of offer with the Registrar containing the particulars specified in Schedule II, and must submit a declaration of solvency in the prescribed form along with the letter of offer in accordance with the Companies (Central Government's) General Rules and Forms.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Filing of letter of offer required before buy back; declaration of solvency must accompany and be filed with the registrar.
Companies authorised by special resolution to effect a buy back must file a draft letter of offer with the Registrar containing the particulars specified in Schedule II, and must submit a declaration of solvency in the prescribed form along with the letter of offer in accordance with the Companies (Central Government's) General Rules and Forms.
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