buy-back, if any. Explanation .-For the purposes of this clause, the expression "offer of buy-back" means the offer of such buy-back made ... buy-back; (d) the amount to be invested under the buy-back; and (e) the time-limit for completion of buy-back. (4) Every buy
reacquiring the securities shall be deemed to include references to buying or acquiring similar securities, so, however, that where similar securities are bought or acquired ... which consists wholly or partly in dealing in securities, buys or acquires any securities and sells back or retransfers the securities, then, if the result
other specified securities for buy-back are fully paid-up; (f) the buy-back of the shares or other specified securities listed on any recognised ... buy-back; (d) the amount to be invested under the buy-back; and (e) the time-limit for completion of buy-back. (4) Every buy
buy-back regulations). These regulations apply to buy-
back of equity shares by a company listed on a stock exchange. Buy-back regulations
then provide ... buy-back regulations, the company disclosed the
necessity for the buy-back as under :
"The share Buy-back programme is being proposed in
pursuance
other specified securities for buy back are fully
paid up ;
(f) the buy back of the shares or other specified securities listed on any recognised ... buy-back
d) the amount to be invested under the buy-back ; and
e) the time limit for completion of buy-back.
(4) Every buyback
VIII- Share warrants.8
● IX - Buy back arrangements.9
● X - Duty of disclosure.10
● XI - Legality of buy backs.11
● XII - Persons Acting in concert ... case of the buy back
arrangement in the present case, the subject matter is the buy back
of shares directly and there is no question
which consists wholly or
partly in dealing in securities, buys
or acquires any securities and sells
back or retransfers the securities,
then, if the result ... which consists wholly or partly
in dealing in securities, buys or acquires
any securities and sells back or
retransfers the securities, then, if the
result
other specified securities for buy-back are fully
paid-up;
(f) the buy-back of the shares or other specified securities listed on
any recognized ... buy-back;
(d) the amount to be invested under the buy-back; and
(e) the time-limit for completion of buy-back.
(4) Every buy
alleged
violation of the buy-back.
34. In this regard, we find that the buy-back announcement was
made by the company ... initiated with regard to buy
back of securities under the Securities and Exchange Board of India
(Buy Back of Securities) Regulations, 1998 (hereinafter referred
alleged
violation of the buy-back.
34. In this regard, we find that the buy-back announcement was
made by the company ... initiated with regard to buy
back of securities under the Securities and Exchange Board of India
(Buy Back of Securities) Regulations, 1998 (hereinafter referred
