Surrender of shares means can cancellation of shares by company if a member fails to pay money due to shares
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0
Answer:
no,
Explanation:
cancellation for money due by shareholders by the company is called forfeiture.
surrender of shares means voluntary surrender by the shareholders. it is an unauthorized reduction in the share capital of the company. the company can however reissue the shares. surrender of shares is accepted by the company in a dilemma.
Answered by
1
Answer:
Surrender of shares : It is voluntary return of shares by a shareholder for the purpose of cancellation .
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