Prohibition for buy-back in certain circumstances.

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..... les - Prohibition for buy-back in certain circumstances. 77B. (1) No company shall directly or indirectly purchase its own shares or other specified securities (a) through any subsidiar .....

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..... n or bank is subsisting. (2) No company shall directly or indirectly purchase its own shares or other specified securities in case such company has not complied with the provisions of sections 159, .....

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