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Disposal of forfeited shares


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Querist : Anonymous

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Querist : Anonymous (Querist)
09 July 2012 DEAR FRIENDS I WANT TO KNOW THE PROCDURE FOR HOW TO DISPOSE OF THE SHARES WHICH ARE FORFEITED.. PLS HELP. ITS URGENT. AND HOW IT WILL GIVE EFFECT TO ITS PAID UP, ISSUED AND SUBSCRIBED CAPITAL

10 July 2012 U can reissue them to another existing shareholders on par, premium or discount,this is the simplest procedure or u can buy back them which is a time consuming procedure.

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Querist : Anonymous

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Querist : Anonymous (Querist)
13 July 2012 Dear mam,

can u pl tell me what is the buy back procedure for these shares as i want to reduce it from the issued capital of the company




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