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Posted by CS.Vanaja. On May 7th, 2012 in Article of the Month. Article on Buy-Back of Securities Of. Introduction Prior to the amendment of the Companies Act, 1956, buyback of securities in India was prohibited. Section 77 of the Act, imposed a blanket ban on companies from buying their own securities. The. Posted by CS.Vanaja. And CS. J Smitha. On May 4th, 2012 in MCA. Posted by CS.Prashant. On May 4th, 2012 in Case laws. Jiyuan LI V. Registrar Of Companies. Posted by CS.Vanaja. And CS. J Smitha. Dear f.PARSED CONTENT
The web site newsletter.rna-cs.com states the following, "On May 7th, 2012 in Article of the Month." I noticed that the website also said " Article on Buy-Back of Securities Of." They also said " Introduction Prior to the amendment of the Companies Act, 1956, buyback of securities in India was prohibited. Section 77 of the Act, imposed a blanket ban on companies from buying their own securities. On May 4th, 2012 in MCA. On May 4th, 2012 in Case laws."