Answer / mukesh poonia

when an investor do not pay the allotment amount and just pay only one installment of stock price i.e. 1st price. then company will give call i.e. 1st call, 2nd call to the investor about the amount. even then the investor do not pay the amount . then the company will take back those shares. Along with that the amount paid by investor will not be returned to investors. such shares which are taken back by the company is called forefieted shares.

Answer / deep

Shares in a no-liability company which are forfeited (lost) to the previous owner because of non-payment of a call on the shares.

Answer / nikita gupta

When shareholder doesn't pay the call amt. then co. has
right to forfeited the share. its means company takes the
share back from shareholder.

Answer / janardhan.

forefieted shares means which unpaid by the investor to
alloted shares. these are again sale to public is known as
forefieted shares or buyback shares.

Answer / venkateswarlu

to recall shres

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