Whats the meaning of last sentence 'The Directors decided to forfeit tjose shares on which allotment money overdue' - Accountancy - Accounting for Share Capital

Question

W h a t s   t h e   m e a n i n g   o f   l a s
t   s e n t e n c e ?     ' T h e   D i r e c t
o r s   d e c i d e d   t o   f o r f e i t   t
j o s e   s h a r e s   o n   w h i c h   a l l
o t m e n t   m o n e y   o v e r d u e '

Neha Chopra · Accepted Answer

Dear Student

The last sentence is " The directors decided to forfeit those
shares on which allotment money was over due",Here it simply means
that Directors decided to forfeit those shares on which allotment
money was in arrears or was not paid

Regards

W h a t s t h e m e a n i n g o f l a s t s e n t e n c e ? ' T h e D i r e c t o r s d e c i d e d t o f o r f e i t t j o s e s h a r e s o n w h i c h a l l o t m e n t m o n e y o v e r d u e '

$W h a t s t h e m e a n i n g o f l a s t s e n t e n c e ?' T h e D i r e c t o r s d e c i d e d t o f o r f e i t t j o s e s h a r e s o n w h i c h a l l o t m e n t m o n e y o v e r d u e'$