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प्रश्न
Short Answer Question
When can shares be Forfeited?
टीपा लिहा
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उत्तर
When a shareholder fails to pay the allotment money or any subsequent calls, then the company informs the shareholder by giving him/her a proper notice.If even after the notice, the shareholder fails to pay the due money, then the company forfeits the shares allotted to him/her.
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