Forfeited shares are sold by way of __________.

public offering

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prospectus

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auction

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none of these

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Solution

The correct option is C
auction

Forfeited shares are sold by way of an auction.

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Similar questions

A prospectus is issued by

(a) A private company

(b) A public company seeking investment from public.

(d) A public company

Statement in lieu of prospectus can be filed by a public company going for a public issue.

Whenever securities premium is received and the shares are forfeited, what will be the treatment in Share Forfeiture A/c?

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