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On May 3, 2024, IN-SPACe released the "Norms, Guidelines, and Procedures for Implementation of Indian Space Policy-2023" (NGP) to lay down the regulatory framework for authorization of space activitie...
Published On: 01/03/2014
Practice Area: Private Equity, Venture Capital and Fund Investment
Authors:
The provisions relating to buy-back of securities under the Companies Act, 2013 ("Act of 2013") are an attempt to build upon the experience of the current buy back regime (as introduced in Companies (Amendment) Act, 1999) under the Companies Act, 1956 ("Act of 1956"â€). An effort has been made by the legislature to bring in transparency and clarity in the buy-back process by enacting stringent norms, with the intent to make the provisions less ambiguous.
