Section 70.Prohibition for buy-back in certain circumstances- (1) No company shall directly or indirectly purchase its own shares or other specified securities— (a) through any subsidiary company including its own subsidiary companies; (b) through any investment company or group of investment companies; or (c) if a default, is made by the company, in the repayment of deposit accepted either before or after the commencement of this Act, interest payment thereon, redemption of debenture or preference shares or payment of dividend to any shareholder, or repayment of any term loan or interest payable thereon to any financial institution , or banking company: Provided that the buy-back is not prohibited, if the default is remedied and a period of three years has lapsed after such default ceased to subsist.
Which of the following statements is/are correct about Jal Jeevan Mission?
I. Asian Development Bank (ADB) a...
Constitutionally the second most senior office in the country is:
Consider the following statements:
I. Cyber Jaagrukta Diwas is an initiative launched by the Ministry of Home Affairs that requires all governmen...
Which one of the following is the first Anti Terror law enacted in India?
Which of the following are true regarding
INDIA’S FIRST GENDER PARK?
i. The park is an initiative of the Social Justice Department ...
Through the 42nd Amendment Act of 1976 Five subjects were transferred from State to Concurrent List. Which one is not part of the list?
Which of the following is not a fundamental Right?
The Amar Jawan Jyoti at the India Gate was merged with the eternal flame at the National War Memorial (NWM). In which year Prime Minister Narendra Modi ...
The World Bank has approved a loan of around Rs 1,000 crore to the _________ government primarily to support its effort to help the poor and vulnerable ...
How many conditions are categorized as a disability, by the Disability Act 1995?