Word Count : 436

---

Forfeiture of shares is a process under company law where a company cancels the shares of a shareholder due to non-payment of calls or other contractual obligations. The procedure for forfeiting shares is generally governed by the provisions of the Companies Act and the Articles of Association of the company. Initially, when a shareholder fails to pay a call money within the specified time, the company issues a notice to the shareholder ____ __________ _________ ________ ________ ___ ______ ________ ______.
____ _____ ______ ___ ___ ________ _______ ____.
_________ ______ ______ __________ ________ _________.
_______ _________ ___ ______ ________ ________ _________ _____ __________ __________.
__________ _______ _____ ______ ____ ______.
___ __________ _____ ______ _____ ___ _____.
_______ ________ ___ ________ ______ _______.
______ _________ ___ _________ ____ ______.
________ ________ __________ ______ _______ ___ _____ ___.
_______ _________ ___ _________ __________.
________ _________ _________ _____ ______ _____ ________ _________ _______ _______ _______ _______.
________ _____ _________ ________ __________ ___ ___ _______ ____ _________ _____.
____ ______ __________ __________ __________ _____ ________.
_______ ________ ________ ___ ___ _________ _________ _____.
__________ _____ ________ _____ ____ ________ _____ _______ ______ _________ ________.
_________ _______ ________ ______ __________.
__________ ____ ______ ________ ______ ____ ______ _____ _______ _____.
___ ___ ________ ______ _______ _______ ______ ___ ___.
______ _______ _______ ___ _____ _______.
____ _____ ______ ________ ______ _________ ____ __________ _______ ____ _________ __________.
_______ ____ ________ _____ _____ _______ ______ _________ _______ ________ _________ _______.
______ ______ _________ ____ _____ __________ ______ ____ _________.
____ ________ ____ __________ _________ ___ _______.
________ ________ ________ ________ _______ ______.
___ __________ ________ _______ _________ _____ _________ ________ ________ ________ ___ _____.
___ _______ _________ _______ _______ _______ ______ ________.
______ __________ ________ _____ __________ __________ ________ ____ _________.
_________ _______ _____ ________ ____ _______ ________ ___ _______ _________ __________ __________.
________ _________ ___ _____ ___ _______.
_________ _________ ________ ________ __________ _____ ______ ______.
____ _________ _________ ___ ___ ____ ______ ____ _________ ____ __________.
_________ ________ _______ ________ ____ _________ __________.
___ __________ __________ _____ _______ ________ __________.
__________ _____ _____ _________ ___ _________ _____ ________.
_______ _________ _______ _____ ______ __________ __________.
____ _____ __________ _______ ___ ___ _____ _______ _________ __________ _________.
_____ ____ _____ ______ _______ _____ ____ ________ ___ _______ ____.
_______ _______ ____ _____ _________ ______ _____ ______ ___ _____ _________ ______.
____ __________ ______ ______ ____ _____ _______ ____ ___ ______.
______ _______ ___ _________ _________ ____ __________ _________ _______ _____ __________ ___.
________ ___ ________ _____ _______ ________.
__________ _________ _________ ____ ______ _____ _________ __________ __________ ___.
___.
Get Full Answer on WhatsApp