938. Exercise of power of forfeiture.
938. Exercise of power of forfeiture.
Companies (Volume 14 (2023), paras 1-467; Volume 14A (2023), paras 468-919; Volume 15 (2023), paras 920-1445; Volume 15A (2023), paras 1446-1924) | Commentary
A purported forfeiture of shares1 is invalid if it is not made for the company's benefit2. When by a
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