https://www.taxtmi.com/acts?id=35123 Extinguishment of share or specified securities certificates after a buy-back requires physical destruction in the presence of the registrar or merchant banker and the statutory auditor; dematerialised securities must be extinguished under depository regulations. The company must furnish a monthly certificate to the Board, verified by the registrar or merchant banker, two directors (one being the managing director where applicable) and the statutory auditor, and must provide monthly particulars to the stock exchanges and maintain prescribed records of cancelled and destroyed certificates under the Companies Act. en-us Wed, 16 Jan 2019 15:57:23 +0530 Thu, 17 Jan 2019 12:44:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=35123 Extinguishment of share or specified securities certificates after a buy-back requires physical destruction in the presence of the registrar or merchant banker and the statutory auditor; dematerialised securities must be extinguished under depository regulations. The company must furnish a monthly certificate to the Board, verified by the registrar or merchant banker, two directors (one being the managing director where applicable) and the statutory auditor, and must provide monthly particulars to the stock exchanges and maintain prescribed records of cancelled and destroyed certificates under the Companies Act. Act-Rules SEBI Wed, 16 Jan 2019 15:57:23 +0530 https://www.taxtmi.com/acts?id=35123