Developments in Financial Regulation in India

Bhavesh M Patel

Management and Labour Studies, 2000, vol. 25, issue 1, 49-52

Abstract: Buy back of its own shares by a company has recently been permitted by a central government ordinance. This article studies the significance of buy-back, the abuses to which it is open, and the provisions of the ordinance. It points out the defects of the ordinance and suggests that a “treasury share†mechanism would be a good means to help both the firms and their shareholders.

Date: 2000
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Persistent link: https://EconPapers.repec.org/RePEc:sae:manlab:v:25:y:2000:i:1:p:49-52

DOI: 10.1177/0258042X0002500106

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