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SEBI’s circular permitting co. to buy-back shares for providing exist opportunity to shareholder is valid: HC

August 22, 2019[2019] 108 359 (Delhi)

COMPANY LAW: Where Circular dated 25-7-2017 issued by SEBI permitted a company to buy back shares so as to provide exit to public shareholders, impugned circular providing option to shareholder to reject offer of buy back was in accordance with law

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