Accountancy, asked by funnylol8521, 1 year ago

Forfeiture of shares which were issued at premium ca foundation

Answers

Answered by vishvrajsinghmpb0lh7
0
The amount forfeited is the amount that has been received including the amount ofpremium if it has been received and the maximum discount that can be allowed onreissue of such shares is the amount soforfeited.
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