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Failure of call money for share holder its calld
"forfeiture of shares"
Vivien Metz
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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 is the proper meaning for REO in mortgage terms?
REO- Real Estate Owned or Bank owned, which means the real estate property is no longer mortgaged~ as a result of forfeiture or foreclosure.
What are the redeemable preference share and irredeemable preference share?
A redeemable preference share is issued on the terms where they are liable to be redeemed at either a fixed time, or the company's option or at the shareholders option. Non-redeemable or Irredeemable preference shares need not be repaid by the company except on winding up of the company. According to Section 100 of the Companies Act, 1956 : If a company collects the money through redeemable preference shares, this money must be returned on its maturity whether company is liquidated or not. Section 80 of the Companies Act, 1956 lays down some provisions relating to redeemable preference shares : 1. The shares to be redeemed must be fully paid-up. 2. Capital reserves from forfeiture of shares and share premium account are not available for payment of redeemable preference share holders. 3. Its payment will be out of the net profit of the company or amount received on issue of new shares. Company cannot sale amount of asset for redemption of redeemable preference shares.
What is share holders fund?
Equity Share Capital +Preference Share Capital + Reserves and Surpluses constitute the Share Holders fund
What is share value of Bank of Baroda share today?
please update the share value
What is the entry for forfeiture of shares?
Forefiture of shares issued at par:-Share capital A/c Dr.To share allotment A/cTo Share Call A/cTo share forfeiture A/c(Forfeiture of shares issued at par)
If forfeiture share is reissued at premium then why security premium is credited?
in case the shares have been issued at a premium and the amount of premium has been received then at the time of forfeiture of such share
Issuing share at premium?
In case the shares have been issued at a premium and the amount of premium has been received then at the time of forfeiture of such share (a) share premium account should be debited (b) share premium account should be credited (c) share premium account should be neither debited nor credited (d) none of these
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.
How do you put the word 'forfeiture' in a sentence?
His poor management of the business caused the forfeiture of the building and all the merchandise to his creations.
Are there forfeiture laws in Canada?
yes there are.
What has the author Gene L Dodaro written?
Gene L Dodaro has written: 'Asset forfeiture programs' -- subject(s): Forfeiture
What was forfeiture of land of outlaws called?
Attainder
What was a forfeiture during the middle ages?
When a lord opposed the king, the punishment was very often forfeiture, which meant that the lord's lands and titles were taken away from him.
What has the author H A Arnn written?
H. A. Arnn has written: 'Possibilities of reverter and forfeiture' -- subject(s): Cases, Forfeiture, Future interests, Reversion
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.
What is code 18 USC 924d?
criminal forfeiture
