Question:

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:

Updated On: Apr 19, 2024
  • A, D, C, B, E
  • B, C, D, E, A
  • C, D, E, A, B
  • D, E, B, C, A
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The Correct Option is A

Solution and Explanation

The correct option is (A): A, D, C, B, E
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