Accountancy, asked by vikas8367, 9 months ago

What is meant by forfeiture of Shares? What is the result of forfeiture of shares?​

Answers

Answered by khushikhan96
3

Answer:

share in a share company than the owner loses forfeits by failing to meet the purchase requirement include paying on allotment or call money owed or avoiding selling or transferring shares during a restricted period

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