Accountancy, asked by ankrap0351, 11 months ago

what is forfeiture of share

Answers

Answered by rishantsingh11

4

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.

rishantsingh11: its ok

ankrap0351: hmmmm

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