What do you mean by Forefieted shares?

Answer Posted / deep

Shares in a no-liability company which are forfeited (lost) to the previous owner because of non-payment of a call on the shares.

Is This Answer Correct ?    19 Yes 3 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

When was NABARD set up?

776


Is the Indian economy in the developing, underdeveloped or the developed state?

592


what is Predecessor Company?

4667


Mention some of the mutual fund scheme?

605


What Is Credit Management System?

601






What is usance promissory note?

719


What is a PPF account?

637


What is a sales tax?

637


Explain liquidity group ratios.

591


What is the acronym of 'mibor'?

615


Do you have any idea of IPR?

613


Does leasing release the firm from bad investment? Explain.

593


What is a listing in BSE?

654


What is TDR/ STDR?

694


How does rupee strengthen when the Reserve Bank of India sells dollars in the market?

614