Forfeiture of Shares

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Forfeiture of Shares: Overview

This topic covers concepts, such as, Re-Issue of Forfeited Shares : Considerable Points, Re-Issue of Forfeited Shares, Forfeiture of Fully Paid-Up Shares and Forfeiture of Shares Issued at Par etc.

Important Questions on Forfeiture of Shares

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How is the capital reserve calculated when forfeited shares are reissued?

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How is the forfeiture of shares accounted for when shareholders fail to pay calls?

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How are forfeited shares handled when they are reissued at a discount?

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What is the forfeiture of shares? What is the accounting treatment for the forfeiture of shares?

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Under what circumstances can shares be forfeited?