Select the correct answer from the options given below and rewrite the statement. Company can ______ shares on non-payment of calls. - Secretarial Practice

MCQ

Select the correct answer from the options given below and rewrite the statement.

Company can ______ shares on non-payment of calls.

Company can forfeit shares on non-payment of calls.

Concept: Forfeiture of Shares

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Chapter 3: Issue of Shares - Exercises [Page 61]

Chapter 3 Issue of Shares
Exercises | Q 1. A) 14. | Page 61

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