Accountancy, asked by sweety8582, 11 months ago

koi forfeiture aur reissue samjha do ​

Answers

Answered by Anonymous
5

Explanation:

If shares are forfeited the membership of the shareholder stands cancelled and the shares become the property of the company. Thereafter, the company has an option of selling such forfeited shares. The sale of forfeited shares is called 'reissue of shares'.

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