Debenture A. Can be forfeited for non-payment of calls money B. Cannot be forfeited for non-payment of
Question:
Debenture
A. Can be forfeited for non-payment of calls money
B. Cannot be forfeited for non-payment of calls money as per the provision of Section 71(12) of the Companies Act, 2013
C. Can be forfeited under special circumstances
D. Can be forfeited after taking Court permission
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B Cannot be forfeited ...View the full answer
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Related Book For 
Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015
ISBN: 9789352605569
2nd Edition
Authors: M Hanif, A Mukherjee
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