https://www.taxtmi.com/acts?id=33272 Extinguishment and physical destruction of buy-back securities certificates must be completed in the presence of the registrar to an issue or merchant banker and the secretarial auditor within the prescribed period, with all bought-back securities extinguished within seven working days of expiry of the buy-back period. Where the securities are already dematerialised, extinguishment and destruction must follow the Depositories and Participants regulatory framework, together with the relevant bye-laws, circulars and guidelines. The company must furnish a compliance certificate to the Board, report particulars to the stock exchanges, and maintain a register of the securities bought back and the related cancellation and destruction details. en-us Thu, 20 Dec 2018 14:26:41 +0530 Tue, 07 Jul 2026 14:46:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=33272 Extinguishment and physical destruction of buy-back securities certificates must be completed in the presence of the registrar to an issue or merchant banker and the secretarial auditor within the prescribed period, with all bought-back securities extinguished within seven working days of expiry of the buy-back period. Where the securities are already dematerialised, extinguishment and destruction must follow the Depositories and Participants regulatory framework, together with the relevant bye-laws, circulars and guidelines. The company must furnish a compliance certificate to the Board, report particulars to the stock exchanges, and maintain a register of the securities bought back and the related cancellation and destruction details. Act-Rules SEBI Thu, 20 Dec 2018 14:26:41 +0530 https://www.taxtmi.com/acts?id=33272