Board-authorised buyback: new notice and filing requirements plus specified disclosure obligations under the buyback framework. A new regulation 5A permits buybacks authorised by a Board resolution, subject to: publication within two days of a public notice in one English national daily, one Hindi national daily and one regional language daily at the place of the registered office; inclusion of disclosures as specified in Schedule I; and filing a copy of the Board resolution with the Board and the stock exchanges within two days of passing the resolution.
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.
Board-authorised buyback: new notice and filing requirements plus specified disclosure obligations under the buyback framework.
A new regulation 5A permits buybacks authorised by a Board resolution, subject to: publication within two days of a public notice in one English national daily, one Hindi national daily and one regional language daily at the place of the registered office; inclusion of disclosures as specified in Schedule I; and filing a copy of the Board resolution with the Board and the stock exchanges within two days of passing the resolution.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
