A CA-issued certificate confirming a company's buyback conditions under Section 68 of the Companies Act, 2013, including the post-buyback debt-equity ratio test, computed automatically.
This is to certify, in connection with the buyback of shares by ___ (PAN: ___) of a total consideration of ___, being ___ of paid-up capital and free reserves, the post-buyback debt-equity position, computed as set out below, based on the board resolution, offer document and books of account produced before us and the information and explanations given to us.
We certify that, to the best of our knowledge and belief, the post-buyback debt-equity ratio computed above does not exceed 2:1 as required under Section 68(2)(d) of the Companies Act, 2013 (subject to any higher ratio separately notified for the company's class), and that the buyback does not exceed 25% of the aggregate of paid-up capital and free reserves in the financial year, per Section 68(2)(c).
This template follows the format published by the Institute of Chartered Accountants of India (ICAI) in the AASB Audit Working Paper Templates (June 2023), the authoritative reference for Indian statutory-audit documentation. Fill in your firm’s letterhead and the engagement details on the form above, click Download Word file, and you’ll get a fully formatted .docx ready to use.
Everything is generated in your browser and on a stateless API endpoint — no account, nothing stored on our servers. We’ll ask for a work email once before your first download so we can send you the file and the occasional relevant update; after that, downloads on this device are instant. Edit freely in Word, Google Docs or Pages before sending to your client.
