Question

What is
forfeitures of share ?​

Answer 1

Answer:

A forfeited share is an equity share investment which is cancelled by the issuing company. A share is forfeited when the shareholder fails to pay the subscription money called upon by the issuing company.

Explanation:

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Answer 2

Answer:

hai !

Explanation:

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.

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