Question

Issue, Forfeiture and Reissue of shore,
Right Share And Buy-Back of Shane (3
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Answer 1

Answer:

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. ... Consequently, the Company may opt for Reissue of Shares.