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        SEBI

        Regulation 3 - Applicability

        Securities and Exchange Board of India (Buy-back of Securities) Regulations, 2018
        Chapter II
        CONDITIONS OF BUY-BACK

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        Buy-back applicability: buy-backs cover shares and specified securities under company law, including equity with superior voting rights. Regulation 3 provides that buy-backs of a company's shares or other specified securities are subject to these regulations only when conducted in accordance with the applicable provisions of the Companies Act, and explains that 'shares' include equity shares with superior voting rights.
                        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.

                              Buy-back applicability: buy-backs cover shares and specified securities under company law, including equity with superior voting rights.

                              Regulation 3 provides that buy-backs of a company's shares or other specified securities are subject to these regulations only when conducted in accordance with the applicable provisions of the Companies Act, and explains that "shares" include equity shares with superior voting rights.


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