Multiple Choice Questions on Every buyback shall be completed within hellip hellip hellip Years from the date of passing of speci........... for SEBI Grade A ( Officer) Exam Preparation

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Multiple Choice Questions

Every buyback shall be completed within hellip hellip hellip Years from the date of passing of speci...........

Companies Act-Phase (I & II) Share capital and debentures
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    Every buyback shall be completed within ………. Years from the date of passing of special resolution/Board resolution.

    2 years

    Incorrect Answer

    1 Year

    Correct Answer

    5 Years

    Incorrect Answer

    3 Years

    Incorrect Answer
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    Explanation:

    As per Section 68(4) of the companies Act, 2013,

    (4) Every buy-back shall be completed within a period of one year from the date ofpassing of the special resolution, or as the case may be, the resolution passed by the Board under clause (b) of sub-section (2).

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