What do you mean by Forefieted shares?
Answer Posted / 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.
| Is This Answer Correct ? | 21 Yes | 1 No |
Post New Answer View All Answers
What Are Irredeemable Debentures.?
What were the reasons behind demonetization in 2016?
What Is This Exercise Really Testing?
What is 'monetised deficit'?
Tell about Foreign Exchange Reserve?
What Is The Monthly Close?
Why do you want to join in SEBI?
What Is An Option In Derivative Market?
At present who is the prime minister of India?
What is Crisil?
Explain what is Net Asset Value (NAV)?
Define OROP?
What Is Ppf?
Name some of the PM Social Security Schemes?
What is a sales tax?