Buy back sequence: first Articles of Association must authorise it (A), then a special resolution is passed in the AGM (D), the debt-equity ratio must not exceed 2:1 after buy back (C), the buy back is to be completed within 12 months (B), and a solvency declaration is filed with Registrar and SEBI (E).
Arrange the following in the context of "Buy Back of Shares". A. Articles of Association must authorise Buy Back of share B. Buy Back should be…
CUET UG 2023 — Accountancy Company Accounts
2023mcqmedium
Arrange the following in the context of "Buy Back of Shares".
A. Articles of Association must authorise Buy Back of share
B. Buy Back should be completed within 12 months
C. Maintaining debt equity ratio of not more than 2:1 after Buy Back
D. Passing Special Resolution in annual general meeting
E. Filing solvency declaration with registrar and SEBI
Choose the correct answer from the options given below:
Official previous-year question
Held on 20 Jun 2023 · Verified 13 Jul 2026.
Options
- A
A, D, C, B, E
- B
B, C, D, E, A
- C
C, D, E, A, B
- D
D, E, B, C, A
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