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What is meant by surrender of shares?

  • Post category:Accountancy
  • Reading time:1 mins read

SOLUTION

It is voluntary return of shares by a shareholder for the purpose of cancellation.







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Previous PostWhat is meant by forfeiture of shares?
Next PostWhat is maximum amount of discount which may be allowed on reissue of forfeited shares? (C.B.S.E, 2014)

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