Here I have solved a problem of Buy Back of Shares where number of shares are not given.

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

⏱TIMESTAMPS
00:00 - Question
01:49 - Resource Test
04:01 - Shares Outstanding Test
04:47 - Debt Equity Ratio Test
09:36 - Journal Entries

Buy Back Chapter Playlist
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PDF Notes (Telegram)
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