Download App

Issue of Shares — Secretarial Practice STD 12 Commerce / Arts — Question

Maharashtra BoardEnglish MediumSTD 12 Commerce / ArtsSecretarial PracticeIssue of Shares1 Mark
Question
When can a company forfeit shares?
✓

Answer

If a shareholder fails to pay calls on shares within a certain period company can forfeit shares.

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 "Answer in one sentence." from Issue of Shares→Issue of Shares — all question types→Secretarial Practice STD 12 Commerce / Arts question papers→Maharashtra Board STD 12 Commerce / Arts question papers→Maharashtra Board question paper generator→

Similar questions

Arrange in proper : Appoint banker, Credit rating, Deposit insurance
→
What is working capital?/Define working capital.
→
Arrange in proper order :

(a) Board meeting
(b) Open Separate Bank Account
(c) Extra-Ordinary General Meeting

→
Who is the Issuer?
→
What has retained earnings?
→
What do debenture holders receive as a return on Investment?
→
Arrange in proper order :

(a) Offer letter
(b) Debenture Trust Deed
(c) Written Consent

→
What is a bond?
→
What is a share certificate?
→
What is meant by private placement?
→