Shares can be forfeited :
A. For failure to attend meetings
B. For non-payment of call money
C. For failure to repay the loan to the Bank
D. For which shares are pledged as a security
Answer:B
Shares can be forfeited :
A. For failure to attend meetings B. For non-payment of call money C. For failure to repay the loan to the Bank D. For which shares are pledged as a security