Buy-back of Securities
Cash out of the company to the shareholders, without the Tribunal, which is why every promoter asks for it, and why the eight statutory tests have to be applied in order, on paper, before anybody drafts a resolution.
- 13 pages
- 111
- Word and PDF
- 12 September 2026
The 5 formats inside
- 1Board resolution, approval of buy-back of equity sharess.68, Rule 17On its own₹149
- 2Special resolution, buy-back of equity sharess.68(2)(b)On its own₹149
- 3Declaration of solvency and verifying affidavitForm SH-9, s.68(6)On its own₹149
- 4Letter of offer, skeleton and content headsForm SH-8, Rule 17(1) to (5)On its own₹149
- 5Board resolution, completion of the buy-back, extinguishment of the securities and creation of the Capital Redemption Reserves.68(7), s.69, Rule 17(9) to (15)On its own₹149
Read the opening
The first part of “Board resolution, approval of buy-back of equity shares”, as it downloads. Blanks are highlighted.
Certified true copy of the resolutions passed at the meeting of the Board of Directors of [ABC Private Limited] held on [Date of the Board meeting approving the buy-back]
BUY-BACK OF EQUITY SHARES OF THE COMPANY
The Chairman informed the Board that the issued, subscribed and paid-up equity share capital of the Company is Rs [Paid-up equity share capital (Rs)] divided into [Number of equity shares issued] equity shares of Rs [Face value of each equity share (Rs)] each fully paid up, and that the free reserves of the Company as per the [audited / limited-reviewed provisional] financial statements as at [Date of the financial statements used] stand at Rs [Free reserves of the Company (Rs)] and the securities premium account at Rs [Securities premium account balance (Rs)].