Explain forfeiture of shares . Explain the procedure of forfeiture . How shares are forfeited and re-issued .
Answers
Answered by
0
Answer:
I hsjsksdk sjsjeeoel djdkelwksmns s snskw
Answered by
3
Explanation:
Re-issue of Forfeited Shares. Forfeiture of shares refers to the cancelation of shares. Sometimes, shareholders may be unable to pay the money due on allotment or calls on the due date. In this case, the company may forfeit such shares. ... It also forfeits the money received on forfeited shares till the date of forfeiture .
Similar questions