Question

what is forfeiture of share​

Answer 1

Answer:

forfeited share is a share in a company that the owner loses (forfeits) by failing to meet the purchase requirements. Requirements may include paying an allotment or call money owed, or avoiding selling or transferring shares during a restricted period.

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Answer 2

Answer:

Forfeiture of share means the cancellation of the shares for non payment due.

A forfeited share is a share in a company that the owner loses (forfeits) by failing to meet the Purchase requirements. Requirements may include paying an allotment or call money owed, or avoiding selling or transferring shares during a restricted period.

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