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
provision for arbitration as contained in Clause 12 of a
Share Buyback Agreement, dated 27th March, 2018, executed between
the petitioner and the respondents ... That during the course of Petitioner's employment, the
aforementioned Share Buyback Agreement was executed
amongst the Petitioner, Respondent No. 1 Company
Bharat Nidhi Limited („BNL‟ in short) is proceeding to
undertake buyback of shares at a grossly understated valuation in breach
of the minimum public share ... also
the grievance of the petitioners that the process of buyback is being
undertaken when investigation in respect of the promoters of respondent
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
advertisements issued by the
Appellant, a seed company, in 2003, regarding buyback of
safed musli, a medicinal crop, at attractive prices. She entered
into ... Firstly, it was argued that the tripartite agreement envisaged
buyback of musli by the Respondent from the Appellant, which
amounted to resale, which is excluded
applied to the Syndicate Bank
for ECB of USD 45 million to buyback/refinancing of its outstanding
FCCB. It is stated that a copy ... informed that the said loan would be exclusively utilized for
buyback/redemption of outstanding FCCB of PIL. Following the same on
23rd April 2014, information
applied to the Syndicate Bank
for ECB of USD 45 million to buyback/refinancing of its outstanding
FCCB. It is stated that a copy ... informed that the said loan would be exclusively utilized for
buyback/redemption of outstanding FCCB of PIL. Following the same on
23rd April 2014, information
[email protected]). Shall confirm once done - I would
prefer a
buyback as done with Siddarth Banerjee, Sandeep
Agarwal, etc. and do a cash ... Shall confirm once done - I would prefer a
buyback as
done with Siddarth Banerjee, Sandeep Agarwal, etc. and
do a cash out to me.
• Salary
[email protected]). Shall confirm once done - I would
prefer a
buyback as done with Siddarth Banerjee, Sandeep
Agarwal, etc. and do a cash ... Shall confirm once done - I would prefer a
buyback as
done with Siddarth Banerjee, Sandeep Agarwal, etc. and
do a cash out to me.
• Salary
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
