COMPANIES AND ALLIED MATTERS ACT, 2020

Section 185: Payment for share buyback.

2020Section 185 of 870Federal Republic of Nigeria

Where a company buys back its shares, payment for the share buyback shall be made from the distributable profits of the company.

Cite this section

Section 185, COMPANIES AND ALLIED MATTERS ACT, 2020 (2020).

https://repo.podus.ai/laws/companies-and-allied-matters-act-2020/section/185/