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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 ..... 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) Regulations, 1998, namely :- 1. (i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 notice shall be given within 2 days of the passi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... , 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 resolution referred to in regulation 5 or the resolution passed by the Board ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 Schedule II of the principal regulations, in item 5, after the words "approving the buy back was p ..... X X X X Extracts X X X X X X X X Extracts X X X X
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