Reissue of share


What is the Time Limit or in how many years should the forfeited shares be reissued? if at all there is a time limit?

Please let me know as the shares of my company were forfeited in the year 1996-97. So can those be reissued now?

 

Replies (1)

Shares are forfeited in case the shareholder fail to pay the amount of the Share due to payment.

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