Advertisements
Advertisements
प्रश्न
Shares can be forfeited ______.
पर्याय
for non-payment of call money
for failure to attend meetings
for failure to repay the loan to the bank
for which shares are pledged as a security
MCQ
रिकाम्या जागा भरा
Advertisements
उत्तर
Shares can be forfeited for non-payment of call money.
Explanation:
A company can forfeit shares strictly for non-payment of call money when a shareholder fails to pay the demanded instalment within the deadline. Forfeiture is a legal penalty that cancels ownership rights and seizes the amount already paid, and it cannot be imposed for missed meetings or personal bank defaults.
shaalaa.com
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
