Hey guys, Welcome back!!!! Do you ever hear the word forfeiture? Do you want to know about it? Then this article is for you… I will explain the forfeiture of shares in detail. Let’s get started……… I have discussed about shares in my previous articles. I have told you that company may claim share money in parts or in lump sum. If company claims money in parts, and shareholder fails to pay any call then company may forfeit his shares. This forfeiture of share means cancellation of shares for non-payment of call money due. It means company will cancel these shares due to non-payment of calls. This cancellation of shares will be known as “ forfeiture of shares ”. Now company will not refund any amount which it has received from shareholders. It will be receipt on the part of company. However, shares can be forfeited only if the AOA of the company allows forfeiture. And company must give 14 days’ notice to the defaulting shareholder so that he can pay
Thanks for providing me the download link of CA Foundation syllabus.
ReplyDeleteAfter filling the registration form students should go with syllabus and ICAI study material. You can download CA Foundation syllabus from the mentioned link can download CA Foundation study material through this link - CA foundation notes
Thank you for providing the download link of the CA Foundation syllabus. This article is was very used full for me. After registration students can download the CA Foundation syllabus from official websites. This will helps to know about the whole foundation syllabus.
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ReplyDeleteThanks for providing such an important information.
ReplyDeleteAfter registration you want all your correct syllabus subject wise. Click here for further knowledge about ca foundation syllabus 2019.
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