Forfeiture of Shares: Guide to the Process and Implications

Affluence Advisory , Last updated: 22 August 2024  
  Share


MEANING Share forfeiture can be defined as the process of a cancelling the shares allotted to the defaulting investors by the company. The shares thus cancelled, which were earlier allotted, are termed as forfeited shares. This means the company cancels or takes away the shares that the person owns

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Published by

Affluence Advisory
(corporates )
Category Corporate Law   Report

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