Download App

ISSUE OF SHARES. — SPCC STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceSPCCISSUE OF SHARES.1 Mark
Question
What is the Share Forfeiture?
✓

Answer

"Share forfeiture means that the shareholder should seize the amount filled up on the stock till date on the legal basis of the articles due to non-payment due due to non-payment of due installment, and cancellation of its name from the member sheet and the compulsory termination of the shareholder's membership".

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "1 Marks Each" from ISSUE OF SHARES.→ISSUE OF SHARES. — all question types→SPCC STD 12 Commerce question papers→Gujarat Board STD 12 Commerce question papers→Gujarat Board question paper generator→

Similar questions

Which changes occur in the salary and authority of the employee due to demotion ?
→
Whose numbers are huge in company formation?
→
What is letter of renunciation?
→
Whose power is ceased after appointment of liquidator?
→
What is the minimum percentage of philosophical value of a share that must be met with a share application?
→
Give the full name of ASBA.
→
What is share forfeiture?
→
Which letters, mostly do not use salutation and complimentary close ?
→
How can the item be sold and sold?
→
When will the first directors of the company retire?
→