1. As per Section 68 of the Companies Act, 2013, the post-buy-back debt-equity ratio should not exceed –

2. As per Section 68 of the Companies Act, 2013, the post-buy-back debt-equity ratio should not exceed –

3. The notice of the meeting at which the special resolution is proposed to be passed relating to buy-back of shares shall be accompanied by an explanatory statement stating

4. Which of the following is allowed within the next 6 months after the buyback of share

5. No company shall purchase its own shares or other specified securities unless buy-back is authorized by its –

6. Which of the following method of buy-back is allowed under the Companies Act, 2013?
(I) Buy-back by way of purchasing the securities issued to employees of the company pursuant to a scheme of stock option.
(II) Buy-back by way of purchasing the securities issued to employees of the company pursuant to a scheme of sweat equity.
Select the correct answer from the options given below:

7. Provisions of Section 68 relating to buy-back of shares are applicable to –

8. Section 68 of the Companies Act, 2013 provides that no buy-back of any kind of shares or other specified securities shall be made out of the

9. Provisions relating to buying back securities are contained in the Companies Act, 2013

10. Which of the following method of the buyback is allowed under the Companies Act, 2013?
(I) Buy-back from the existing shareholders or security holders on a proportionate basis.
(II) Buy-back from the promoters of the company only on a selective basis.
(Ill) Buy-back from the open market.
Select the correct answer from the options given below

11. The buy-back of the shares or other specified securities listed on any recognized stock exchange is in accordance with the –

12. The maximum permissible buy-back under the Companies Act, 2013 is

13. Where a company proposes to buy-back its own shares or other specified securities, it shall, before making such buy-back, file with the ROC and the SEBI, a declaration of solvency signed by –

14. Buy-back of equity shares in any financial year should not exceed –

15. For buy-back up to of the company, Board resolution is sufficient

16. Where a company completes a buyback of its shares or other specified securities, it shall not make a further issue of the same kind of shares or other securities including allotment of new shares u/s 62( 1 )(a) [i. e. right issue] or other specified securities within a period of –

17. No offer of buy-back shall be made within a period of reckoned from the date of the closure of the preceding offer of buy-back

18. A company may purchase its own shares or other specified securities out of
A. Free reserves
B. Securities premium account
C. Proceeds of issue of any shares
D. Proceeds of issue of specified securities.
Select the correct answer from the options given below

19. Which of the following is allowed within the next 6 months after the buyback of share

20. Provisions relating to buying back securities are contained in the Companies Act, 2013

21. Where a company buys back its own shares or other specified securities, it shall extinguish and physically destroy the shares or securities so bought back within the last date of completion of buy-back

22. Where a company buys back its own shares or other specified securities, it shall extinguish and physically destroy the shares or securities so bought back within the last date of completion of buy-back

23. Section 68 of the Companies Act, 2013 provides that no buy-back of any kind of shares or other specified securities shall be made out of the