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A company does not transfer shares of a member till he pays his debt to the company. This process is called as .

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asked Aug 18 in Legal Studies by admin (72.3k points)

A company does not transfer shares of a member till he pays his debt to the company. This process is called as __________.
A

Lien on Shares

B

Surrender of Shares

C

Forfeiture of Shares

D

Buy back of Shares

Approved answer

Correct option is A)

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answered Aug 18 by admin (72.3k points)

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A company does not transfer shares of a member till he pays his debt to the company. This process is called as __________.
A

Lien on Shares

B

Surrender of Shares

C

Forfeiture of Shares

D

Buy back of Shares

Approved answer

Correct option is A)

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