TMI BlogSecurities and Exchange Board of India (Buy Back of Securities) (Amendment) Regulations, 2001.X X X X Extracts X X X X X X X X Extracts X X X X ..... s (1) and (2) of section 11 and sub-section (1) of section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992) read with clause (f) of sub-section (2) of Section 77A of the Companies Act, 1956 (1 of 1956), the Securities and Exchange Board of India hereby makes the following regulations to further amend the Securities and Exchange Board of India (Buy Back of Securities) Regulat ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 1), may buy back its securities subject to the following conditions: (a) before making a public announcement under sub regulation (1) of regulation 8, a public notice shall be given in atleast one English national daily, one Hindi national daily and a regional language daily, all with wide circulation at the place where the registered office of the company is situated, (b) the public n ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... shall be inserted. (c) in regulation 8, in sub-regulation (1), after the words authorised by a special resolution and before the words shall before buy back the words or a resolution passed by the Board of Directors at its meeting shall be inserted. (d) in regulation 15, in clause (a), for the words The special resolution referred to in regulation 5 the words The special reso ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... on 5 (1) and regulation 5A (1)(c)] shall be substituted. (b) in clause (a) of item (vii), after the words the General Meeting the words or the Meeting of the Board of Directors shall be added. (c) in clause (a) of item (x), after the words the General Meeting and before the words is conveyed , the words or the Meeting of the Board of Directors shall be inserted. 4. In S ..... X X X X Extracts X X X X X X X X Extracts X X X X
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