complainants. To provide security for the investment made, in the information memorandum, buyback option of the unit was offered @Rs.7.50 lacs, for each ... possession of the unit. Vide letter dated 13.08.2006, intimation regarding eligibility for buyback was made by the opposite party to the complainants. It was accepted
appreciating the fact that the assessee
has indulged in the activity of buyback of shares as a colorable device only for the purpose to
avoid ... that where a
Mauritan shareholder of an Indian Company, accepted offer of buyback of shares given by
Indian company,the amount receivable would be taxable
amount Rs.1,88,99,97,781/- to GS-M under a buyback of shares scheme,whereby 4,03,93,199/-
equity shares having face ... ultimate beneficiary and
the only shareholder i.e.GS-M,that the buyback of equity shares by the assessee from its holding
company
therefore, the tax liability of the
Profit from acquisition and sale (through buyback) was to be
verified more closely. Other issues related to the same ... question,
iii) No verification/inquiry was made w.r.t the 'buyback'
offer price at which assessee claimed to have sold partial
equity
case of the respondent that, vide letter dated 13.01.2010, she was offered buyback option of her unit @Rs.7.50 lacs, which ... unit was not offered; lease amount was not paid; and buyback amount was also not tendered, the complainant filed a consumer complaint before the Forum
significant loss due to
certain unprecedented and extraordinary events like ESOP issue,
buyback of shares and fall in GDR issue. It was submitted that
above ... expenses in
relation to raising of finance and buyback is concerned, he
submitted that the assessee has incurred these expenses on account
of GDR issue
Party vide letter dated 11.01.2012 (Annexure C-3) offered to complainants to buyback the same after two years from the date of draw ... yard. The Opposite Party also committed that the complainants could use this buyback offer, as sure shot profit booking otherwise the sole discretion to accept
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
