The buy back of equity shares in any financial year should not exceed A. 20% of the
Question:
The buy back of equity shares in any financial year should not exceed
A. 20% of the total paid-up equity share capital in that financial year
B. 25% of the total paid-up equity share capital in that financial year
C. 25% of the total called-up equity share capital in that financial year
D. 20% of the total paid-up equity share capital plus free reserves of that financial year
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Related Book For 
Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015
ISBN: 9789352605569
2nd Edition
Authors: M Hanif, A Mukherjee
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