There is an erroneous belief that the sole reason for buyback is to block hostile takeovers. In this connection it is pertinent to list ... unwelcome take over bids.
3.10 Almost all OECD countries allow companies to buyback shares subject to certain regulations. Unfortunately, Section 77 (read with Section
stock exchange regulations. Under clause 12 HFCL agreed that HFCL shall buyback the said shares from the plaintiffs provided HFCL is not able to offer ... before the date of 31 -12-2003 HFCL will be free to buyback the shares from the plaintiffs on spot delivery basis @ price
December 2023 came to be issued by BNL inviting
offers to buyback 30958 equity shares of the company aggregating upto
1.067% of the paid ... exit price. It is
Mr. Seervai's contention that the buyback offer initially was made in
pursuance of the postal ballot notice dated
sanction, share subscription Agreement
was executed where BCHL agreed to buyback the shares with an
12/165
::: Uploaded on - 04/04/2016 ::: Downloaded ... return @ 23% per annum; pursuant to the share
subscription Agreement, a share buyback Agreement was entered into
between the Parties and the repayment under
sanction, share subscription Agreement
was executed where BCHL agreed to buyback the shares with an
12/165
::: Uploaded on - 04/04/2016 ::: Downloaded ... return @ 23% per annum; pursuant to the share
subscription Agreement, a share buyback Agreement was entered into
between the Parties and the repayment under
sanction, share subscription Agreement
was executed where BCHL agreed to buyback the shares with an
12/165
::: Uploaded on - 04/04/2016 ::: Downloaded ... return @ 23% per annum; pursuant to the share
subscription Agreement, a share buyback Agreement was entered into
between the Parties and the repayment under
sanction, share subscription Agreement
was executed where BCHL agreed to buyback the shares with an
12/165
::: Uploaded on - 04/04/2016 ::: Downloaded ... return @ 23% per annum; pursuant to the share
subscription Agreement, a share buyback Agreement was entered into
between the Parties and the repayment under
sanction, share subscription Agreement
was executed where BCHL agreed to buyback the shares with an
12/165
::: Uploaded on - 04/04/2016 ::: Downloaded ... return @ 23% per annum; pursuant to the share
subscription Agreement, a share buyback Agreement was entered into
between the Parties and the repayment under
sanction, share subscription Agreement
was executed where BCHL agreed to buyback the shares with an
12/165
::: Uploaded on - 04/04/2016 ::: Downloaded ... return @ 23% per annum; pursuant to the share
subscription Agreement, a share buyback Agreement was entered into
between the Parties and the repayment under
sanction, share subscription Agreement
was executed where BCHL agreed to buyback the shares with an
12/165
::: Uploaded on - 04/04/2016 ::: Downloaded ... return @ 23% per annum; pursuant to the share
subscription Agreement, a share buyback Agreement was entered into
between the Parties and the repayment under
