A company can buy its own shares when-
Held on 29 May 2023 · Verified 13 Jul 2026.
The debt - Equity ratio is not more than 1:1 after the buy back.
The amount of buy back shares in any financial year not exceeding 20% of the paid-up capital and free reserves.
Partly paid up shares are considered buy back.
Article of Association must authorise and special resolution has been passed for the buy back of shares.
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