Question

What is meant by the term ‘Forfeiture of Shares’?

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:

A forfeited share is an equity share investment which is cancelled by the issuing company. a forfeited where shareholders to pay subscription

money called upon by the issuing company.