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A company may purchase its own shares or other specified securities out of: o Its Free Reserves o The Securities Premium Account, or o The proceeds of any shares or any other securities § No buy back shall be made out of the proceeds of an earlier issue of the same kind of shares or other specified securities · Proceeds of Earlier Issue - Points of Consideration o Buy back of equity shares is not allowed out of fresh issue of equity shares o However, Buy back is allowed out of an earlier issue of securities other than the equity shares such as preference shares, debentures, etc. for the purpose of redemption. Snapshot from study notes of the ixamBee SEBI course covering topic in detail
What the incorrect about SLR (statutory Liquidity Ratio)?
i. The SLR is determined by a percentage of gross demand and time liabilities
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Which country became the fourth to test the laser-directed weapon system?
The committee on whose recommendation Panchayati Raj was implemented in the country was headed by-
Which one of the following is the most newly formed state in INDIA?
Recently, Union Minister of Earth Sciences Dr Harsh Vardhan inaugurated India’s fastest and first multi-petaflops supercomputer in Pune. Its name is:...
The process of converting wet waste to manure is called:
Portuguese were the first European nations to acquire land of Bombay in the year of?
In case of Forward Rate Agreement there is an exchange of interest rate
Which statements about Narcondam Island are correct?
केन्द्रीय मन्त्रिपरिषद् किसके प्रति उत्तरदायी होती है ?