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How can partly paid shares be forfeited

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(Querist)
09 May 2016 Dear Experts, please tell me the procedure how an unlisted limited can forfeit partly paid shares? thanks
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CS Ankur Srivastava

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CS Ankur Srivastava (Expert)
10 May 2016 After issuance of adequate notice and opportunity, the party paidup shares may be forfeited by the Company.

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