COMPANY LAW

Corporate & Other Laws

What is the difference between Sec 67 Vs 68 Both the sections are contains same meaning 67 says restrictions on buy back of own shares 68 Buy back of shares

Anand Sankaran

CA Inter

★ 3K+

28-Feb-23 13:14

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Answers (1)

Best Answer

Section 67 deals with restrictions that company must fulfill before it can buy back its own shares. Section 68 deals with the procedure company must follow to carry out the buy back.

Sandeep Kumar

CA Inter

★ 2K+

28-Feb-23 15:03