Form with which a corporation may alter the amount of outstanding shares issued by the corporation.
Buyback Of Shares Resolution Format In Montgomery
State:
Multi-State
County:
Montgomery
Control #:
US-0034-CR
Format:
Word;
Rich Text
Instant download
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FAQ
Resolutions of the board of directors authorizing and approving a reporting company's stock repurchase program. These resolutions are drafted as standard clauses and should be inserted into board minutes or a form of unanimous written consent.
Where buyback contracts are approved by ordinary resolution, there is no need to file the ordinary resolution with Companies House.
A company has to file return of buy back in form no. SH-11 containing particulars related to the buy-back within 30 days of its completion. The return is to be filed with the Registrar, and in case of a listed company with the Registrar and the Securities and Exchange Board of India.