Is it necessary to provide audited bs for buyback
There are 2 aspects to it. Audited financial statements of last 3 years are required to be submitted to registrar. And the audited financial statements based on which buyback calculations are done, should not be older than 6 months old. If older, calculations should be based on unaudited financial statements of not more than 6 months old which have been subject to limited review by auditor.