Share forfeiture is the process by which the directors of a company cancel the power of shareholder if he does not pay his call money when the company demands for it. Company will give 14 days notice, after 14 days if shareholder did not pay then company will forfeit his shares and cut off his name from the register of shareholder. Company will not pay his received funds from shareholder. In order to do a share forfeiture the Articles of Association of the company should contain provision for that.
http://en.wikipedia.org/wiki/Share_forfeitureΗ εταιρεία δηλαδή ζητά από το μέτοχο να πληρώσει ή να εξοφλήσει τις μετοχές που έχει παραλάβει, κι αν ο μέτοχος δεν προβεί σε πληρωμή, η εταιρεία του παίρνει τις μετοχές πίσω.
Φαντάζομαι ότι θα μπορούσαμε να πούμε «έκπτωση μετόχου», όπως λέμε «έκπτωση αναδόχου», ωστόσο πώς θα το λέγαμε για τη μετοχή;
Παραδείγματα:
If the requirements of any such notice as aforesaid are not complied with, any Share in respect of which the notice has been given may at any time thereafter, before the payment required by notice has been made, be forfeited by a resolution of the Directors to that effect.
A forfeited Share may be sold or otherwise disposed of on such terms and in such manner as the Directors think fit, and at any time before a sale or disposition the forfeiture may be cancelled on such terms as the Directors think fit.
A forfeited Share may be sold or otherwise disposed of on such terms and in such manner as the Directors think fit, and at any time before a sale or disposition the forfeiture may be cancelled on such terms as the Directors think fit.