A type of ownership share whereby the holder gives up certain rights due to not fulfilling obligations required for purchasing the share. The rights lost may include claims on dividends or capital gains or ability to purchase additional stock. This type is usually offered through employee stock ownership plans.
Related information about forfeited share:
- Forfeited Share Definition | Investopedia
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 ...
- What is forfeited share? definition and meaning
Definition of forfeited share: A type of ownership share whereby the holder gives up certain rights due to not fulfilling obligations required for purchasing the ...
- Forfeiture of Shares - Chartered Accountants India,CA India,CWA ...
Sep 19, 2011 ... Regulation 32 says that a forfeited share may be sold or otherwise disposed of on such terms and in such manner as the Board thinks fit. At any ...
- Issue; Forfeiture And Reissue Of Shares
A forfeited share is merely a share available to the company for sale and remains vested in the company for that purpose only. Reissue of forfeited shares is not ...
- Forfeiture Of Shares - Manupatra Articles
(1) A forfeited share may be sold or otherwise disposed of on such terms and in such manner as the Board thinks fit. (2) At any time before a sale or disposal as ...
- Govt likely to tax companies on forfeited share money
Jan 28, 2008 ... New Delhi, Jan 27: India Inc may soon have to pay tax on capital income that arises for companies from money forfeited as part-payment for ...
- 1 issue of shares-i
12 Bank A/c ……………………………Dr. Share Forfeited A/c………………..Dr. To Equity Share Capital A/c. (Being 200 Forfeited Share reissued at Rs.9/- each.) ...
- Issue of share(formula)l.doc - Nepal Wireless Project
(No. of forfeited share amount per share received) ... (No. of forfeited share called up but not received). OR ... For Transfer the Balance of Forfeited Share A/C: ...