Question

forfeiture and reissue of shares can anyone tell​

Answer 1

Answer:

what is theques plese re send it

Answer 2

$\huge{ \underline{ \overline{ \mid{ \mathfrak{ \purple{ \: \: ANSWER \: \: } \mid}}}}}$

$\underline{ \underline{ \mathcal{ \red{ : \star : \: \: FORFEITURE \: \: OF \: \: SHARES \: \: : \star : }}}} \: \\ \\ \: \: \: \: \: \: \: \: \: : \mapsto : \mathtt{Forfeiture \: \: of \: \: share \: \: means \: \: cancellation \: \: } \\ \mathtt{ of \: \: the \: \: shares \: \: held \: \: by \: \: the \: \: defaulting \: \: member. \:} \\ \mathtt{ Forfeiture \: \: of \: \: share \: \: leads \: \: to \: \: compulsory \: \: } \\ \mathtt{termination \: \: of \: \: membership \: \: of \: \: the \: \: defaulting \: \: } \\ \mathtt{shareholder \: \: by \: \: the \: \: way \: \: of \: \: penalty \: \: of \: \: non-payment \: \: } \\ \mathtt{of \: \: allotment \: \: and/or \: \: any \: \: call \: \: money \: \: and \: \: seizure \: \: } \\ \mathtt{ of \: \: money \: \: already \: \: paid.}$

$\underline{ \underline{ \mathcal{ \red{ : \star : REISSUE \: \: OF \: \: FORFEITED \: \: SHARES : \star : }}}} \\ \\ \: \: \: \: \: \: \: : \mapsto : \: \: \mathtt{As \: \: per \: \: Clause \: \: 31(1) \: \: of \: \: the \: \: Table \: \: F, to \: \: the \: \: } \\ \mathtt{ Companies \: \: Act,2013, \: forfeited \: \: shares \: \: may \: \: be \: \: sold \: \: } \\ \mathtt{or \: \: otherwise \: \: disposed \: \: off \: \: on \: \: such \: \: terms \: \: and \: \: in \: \: } \\ \mathtt{such \: \: manner \: \: as \: \: the \: \: Board \: \: thinks \: \: fit.} \\ \\ \: \: \: \: \: \: \: \: \: \: \: \mathsf{Reissue \: \: of \: \: forfeited \: \: shares \: \: mean \: \: selling \: \: or \: \: otherwise \: \:} \\ \mathsf{ disposing \: \: off \: \: the \: \: forfeited \: \: shares.} \\ \\ \: \: \: \: \: \: \: \: \: \: \text{On \: \: reissue \: \: of \: \: forfeited \: \: shares, a \: \: resolution \: \: } \\ \text{is \: \: required \: \: to \: \: be \: \: passed \: \: in \: \: the \: \: meeting \: \: of \: \:} \\ \text{ the \: \: Board \: \: of \: \: Directors.}$