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V.S. Datey on Companies Act, 2013
  • Committed Buy Back

    by Kamal on Thursday, January 03, 2019 at 09:52 PM

    A company wishes to have PE Investor as its 80% equity share capital participant. Can such PE Investor be provided an exit route by having a covenant that the company will buy back equity from the PE Investor after 5 year at "x" price

    Replied byV.S. Datey Friday, January 04, 2019 at 08:07 AM

    buy back can be nly as per specific provisions in Act Companies Act does not provide for such buy back V S Datey

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