what is surrender of shares?
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Answer / nirvisha
surrender share means share return by share holders to company for reducing debt liability claim and these shares are to be given to debenture holder by company.
Is This Answer Correct ? | 5 Yes | 6 No |
Answer / jyoti singh
surrender of share mens to give some own part of shares to
others
for example-at the tym of admission of new partner in
firm,to company , etc
Is This Answer Correct ? | 5 Yes | 6 No |
Answer / raj
only partly paid up shares can be surrendered it is another
type of forefeiture of shares
Is This Answer Correct ? | 7 Yes | 9 No |
Answer / bibin p wilson
It means the voluntary tureen of shares by a share holder to the company for cancellation the company can aspect such surrender only if such shares are like to forfeiture for non payment of calls
Is This Answer Correct ? | 0 Yes | 2 No |
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