Q113
The return of shares to the company is known as ___________.
A.
Surrender of shares
AnswerB.
Transmission of shares
C.
Redeemable shares
D.
Irredeemable shares
Answer: Option A
Solution
Answer: Option A
Solution:
The return of shares to the company is known as Surrender of shares. Surrender of shares means the return of shares by the shareholder to the company for cancellation. Holder in this case voluntarily abandons all his shares in favour of the company.