What is Provisions?
Provisions: The term Provision means that the setting aside of Associate in Nursing calculable quantity to satisfy known liability or loss the quantity of which can not be precisely determined. It …
Accounts
What is Forfeiture of Shares
Forfeiture of shares means cancellation of the shares held by the defaulting member. Forfeiture of shares leads to compulsory termination of membership of the defaulting shareholder by way of penalty …