Minimum price at which forfeited shares can be reissued is ??

Dear Student,
Here is your answer.
The Re-issue price of forfeited shares must be at least equal to the difference between the paid up value of Re-issued Shares and the Amount Forfeited on Re-issue Shares. In other words, Re-issue price must not be less than the amount unpaid on Forfeited Shares.
Regards.

  • 4
the reissue price of forfeited shares must be at least equal to the difference between the paid value of reissued shares & the amt. forfeited on reissued shares. In other words, reissue price must not be less than the amt. unpaid on forfeited shares.
  • -2
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