Voluntary return of shares by shareholders to the company for cancellation is called | Faculties

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Mr. Dubey

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📊 Corporate Accounting

Q. Voluntary return of shares by shareholders to the company for cancellation is called

(A) transfer of shares
(B) forfeiture of shares
(C) surrender of shares
(D) buyback of shares

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✅ Correct Answer: (C) surrender of shares

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