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Forfeited shares
Shares in a no-liability company which are forfeited (lost) to the previous owner because of non-payment of a call on the shares. Forfeited shares
Shares in a no-liability company which are forfeited (lost) to the previous owner because of non-payment of a call on the shares.
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∙ 15y ago
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What is the meaning of forfeiture of shares how are shares forfeited can forfeited share be reissued at discount?
When a share is forfeited, then the shareholder no longer owes any remaining balance, he/she surrenders any potential capital gain on the shares and shares become the property of the issuing company.
What pair of players forfeited their share in the Westing Game Chapters 8-10?
Grace Wexler and Mr. Hoo forfeited their shares in the Westing Game in chapters 8-10. They were unable to solve the latest clues and decided to give up their interests in the game.
The result of the Winter War was .?
Finland forfeited territory to the Soviets.
What is the meaning of forfeited?
of Forfeit
What was the emigres point of view on the committee of public safety?
They had made their choice. All of their property was to be forfeited and if they returned to France, so were their lives to be forfeited.
Is forfeited earnest money tax deductible?
No.
Was there ever a college football game that both teams forfeited?
probably not because if one team forfeited, the other team would take advantage of it
What do you mean by forfeiture of shares?
A share in a company that the owner loses (forfeits) by failing to meet the purchase requirements. Requirements may include paying any allotment or call money owed, or avoiding selling or transferring shares during a restricted period. When a share is forfeited, the shareholder no longer owes any remaining balance, surrenders any potential capital gain on the shares and the shares become the property of the issuing company. The issuing company can re-issue forfeited shares at par, a premium or a discount as determined by the board of directors.
Discuss in detail the law and practice regarding forfeiture of share and the reissue of forfeited shares?
When a shareholder forfeits or is unable to meet his duties as a shareholder, his shares can be taken from him by other shareholders. Then the shares can be advertised to be transferred to another person.
Can a bail bondsman re bond out the person that forfeited on them?
no
The result of the winter was was?
Finland forfeited territory to the Soviets.
Has an NFL game ever been forfeited?
yes
