Question
A company cannot purchase its own shares or other
specified securities out of____________Solution
Section 68.Power of company to purchase its own securities- (1) Notwithstanding anything contained in this Act, but subject to the provisions of sub-section (2), a company may purchase its own shares or other specified securities (hereinafter referred to as buy-back) out of— (a) its free reserves; (b) the securities premium account; or (c) the proceeds of the issue of any shares or other specified securities: Provided that no buy-back of any kind of shares or other specified securities shall be made out of the proceeds of an earlier issue of the same kind of shares or same kind of other specified securities.
130 114 106 102 100 ?
3720 3842 ? 4092 4220 4350
...0Â Â Â Â Â Â 2 Â Â Â Â Â Â Â 6Â Â Â Â Â Â 12 Â Â Â Â Â Â 20Â Â Â Â Â Â Â ?
...17Â Â Â Â Â ? Â Â Â Â Â 2142 Â Â Â Â Â Â 12852 Â Â Â Â Â Â 64260Â Â Â Â Â Â 257040
...133    183    220    ?     263     273
...720    ?     240     180      144     120
...12 7 10 25 107 ?
...125 36 343 ? 729 100
...8   24    12    ?   18     54
10 59 ? 1169 3503 7001
...
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