Question

Difference between forfeiture and surrender of shares

Answer 1

Answer:

diff between surrender of shares and forfeiture of share Meaning: It is a voluntary return of shares by a member to the company. Nature of Action: It is voluntary action by the share holder. Reason: Surrender takes place due to the inability of a shareholder to pay the call money.

Answer 2

Answer:

diff between surrender of shares and forfeiture of share Meaning: It is a voluntary return of shares by a member to the company. Nature of Action: It is voluntary action by the share holder. Reason: Surrender takes place due to the inability of a shareholder to pay the call money.