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What is forfeiture and lean of shares, acc to companies Act
?
Plz let me know!!!
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Answer Posted / samama suhail
Shares may be forfeited if a member fails to pay any call
or instalment of a call on or before the day appointed for
payment of the same. Forfeiture of shares can be done by
the board only after following the prescribed procedure and
giving reasonable op portunity to the member to pay the
arrears of call:
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Hi to all, i worked in TCS ( Bpo ) for 6 months & i left TCS because of my health issues and one main reason was my senior was not good, i always found myself tortured, no doubt that envoirnment of TCS is really very good, and obviously there are lots of benefits for their employees, even i spoke to my process head, my process manager, even with the process HR , i discussed on the problem i am facing and requested them to move me into other process but there is one policy is till the time i will not complete 18 months in the same process they are unable to move me into other process, and i left TCS within 6 months , i informed my seniors , HR that i am not well wont be able to continue and i need some rest, and it was BPO , i was really very disturbed putting headphones whole day , it was quite frustrating , after 1 month i had started receiving letters from tcs that i am absent from my duties and i haven't informed anyone, then i again spoke to my HR and my senior that i am no well and also shared medical certificate , but that time my HR was on 15-20 days leave, and he couldn't check my mail. after some time i have started receiving reminders that i have to report within 24 hours else they will take strict action against me, i was really very depressed because one side i was not able to continue in same process and i was getting mails on mails that i have to report and i need to continue, i was not willing to TCS, my HR was on leave, i was not aware whether he is in office or not, when i received final letter then the very same day i contacted my collegue and he told me that HR is on leave, then i forwarded the same mail with my medical to Head office ( Mumbai ), where from i was getting mails, and i got contact no of 1 HR then she said today you are responding because today u got final letter , and before that there was no information about you. then i got absconded, & i received too much letters that i am absconded and i have to pay 20k, now i am willing to join TCS , not in same process , and i am also working as a HR ,in a small firm, now pls help me and suggest me that can i join TCS again if i will clear that outstanding or is there any chance to join tcs,
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