Accountancy, asked by sauravssingh, 11 months ago

What is share forfeiture? ​

Answers

Answered by kalpanahandique
3

ANSWER IS = 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 many owed, or avoiding selling or transferring shares during a restricted period.

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