https://www.taxtmi.com/acts?id=35119 Regulation 8 requires that when a company authorises a buy-back by special or board resolution it must make a public announcement within two working days and submit that announcement to the Board via a merchant banker. Within five working days of the announcement the company must file a draft letter of offer through an independent merchant banker, pay fees prescribed in Schedule IV, and include a declaration of solvency as prescribed; the Board may comment on the draft within seven working days and any specified changes must be made before dispatch. en-us Wed, 16 Jan 2019 15:29:21 +0530 Thu, 17 Jan 2019 12:43:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=35119 Regulation 8 requires that when a company authorises a buy-back by special or board resolution it must make a public announcement within two working days and submit that announcement to the Board via a merchant banker. Within five working days of the announcement the company must file a draft letter of offer through an independent merchant banker, pay fees prescribed in Schedule IV, and include a declaration of solvency as prescribed; the Board may comment on the draft within seven working days and any specified changes must be made before dispatch. Act-Rules SEBI Wed, 16 Jan 2019 15:29:21 +0530 https://www.taxtmi.com/acts?id=35119