https://www.taxtmi.com/acts?id=17367 Bars companies from directly or indirectly purchasing their own shares or specified securities where acquisitions occur through subsidiaries or investment companies, or where the company has defaulted on repayment of deposits, interest, redemption of debentures or preference shares, dividend payments, or repayment of term loans or interest to financial institutions; a buy-back is permitted after the default is remedied and a prescribed lapse of time. en-us Sat, 02 Mar 2013 11:27:32 +0530 Sat, 29 Nov 2025 11:40:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=17367 Bars companies from directly or indirectly purchasing their own shares or specified securities where acquisitions occur through subsidiaries or investment companies, or where the company has defaulted on repayment of deposits, interest, redemption of debentures or preference shares, dividend payments, or repayment of term loans or interest to financial institutions; a buy-back is permitted after the default is remedied and a prescribed lapse of time. Act-Rules Companies Law Sat, 02 Mar 2013 11:27:32 +0530 https://www.taxtmi.com/acts?id=17367