Here I have solved a problem of Buy Back of Shares where number of shares and buy back price is not given.

I have explained how to calculate the maximum number of shares to be bought back and buy back price by doing all the 3 tests according to Section 68 of the Companies Act.

⏱TIMESTAMPS
00:00 - Question
04:01 - Resource Test
06:29 - Shares Outstanding Test
11:37 - Debt Equity Ratio Test
21:34 - Journal Entries

Buy Back Chapter Playlist
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