Question

Forfeiture of shares leads to reduction of ______ Capital.

विकल्प

• Authorised

• Issued

• Subscribed

• Called up

Answer 1

Forfeiture of shares leads to reduction of Subscribed Capital.

Explanation:

• Authorised Capital → unchanged.

• Issued Capital → unchanged.

• Subscribed Capital → decreases, because the forfeited shares are cancelled and no longer counted as subscribed.