CORPORATIONS ACT 2001
CHAPTER 2J
-
TRANSACTIONS AFFECTING SHARE CAPITAL
PART 2J.1
-
SHARE CAPITAL REDUCTIONS AND SHARE BUY-BACKS
Division 3
-
Other share capital reductions
SECTION 258D
258D
CANCELLATION OF FORFEITED SHARES
A company may, by resolution passed at a general meeting, cancel shares that have been forfeited under the terms on which the shares are on issue.
A company may, by resolution passed at a general meeting, cancel shares that have been forfeited under the terms on which the shares are on issue.
This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.