Cancel example sentences

When a company purchases its own debentures in the open market for the purpose of immediate cancellation, the purchase and cancellation of such debentures are termed as redemption by purchase in the open market.Purchase in open market: When a company purchases its own debentures through stock exchanges for the purposes of cancellation, such an act of purchasing and cancelling the debentures constitutes redemption of debentures by purchase in the open market.If it is so, the old bill is cancelled and the fresh bill with new terms of payment is drawn and duly accepted and delivered.Purchase in open market: When a company purchases its own debentures through stock exchanges for the purposes of cancellation, such an act of purchasing and cancelling the debentures constitutes redemption of debentures by purchase in the open market.Since the cancellation of bill is mutually agreed upon noting of the bill is not required.Purchase in open market: When a company purchases its own debentures through stock exchanges for the purposes of cancellation, such an act of purchasing and cancelling the debentures constitutes redemption of debentures by purchase in the open market.When a company purchases its own debentures in the open market for the purpose of immediate cancellation, the purchase and cancellation of such debentures are termed as redemption by purchase in the open market.When a company purchases its own debentures in the open market for the purpose of immediate cancellation, the purchase and cancellation of such debentures are termed as redemption by purchase in the open market.Forfeiture means the cancellation of allotment due to breach of contract and to treat the amount already received on such shares as forfeited to the company.When a company purchases its own debentures in the open market for the purpose of immediate cancellation, the purchase and cancellation of such debentures are termed as redemption by purchase in the open market.In such circumstances, the company can forfeit their shares, i.e. cancel their allotment and treat the amount already received thereon as forfeited to the company within the framework of the provisions in its articles.Purchase in open market: When a company purchases its own debentures through stock exchanges for the purposes of cancellation, such an act of purchasing and cancelling the debentures constitutes redemption of debentures by purchase in the open market.When a company purchases its own debentures in the open market for the purpose of immediate cancellation, the purchase and cancellation of such debentures are termed as redemption by purchase in the open market.The directors can either cancel or re-issue the forefeited shares.Purchase in open market: When a company purchases its own debentures through stock exchanges for the purposes of cancellation, such an act of purchasing and cancelling the debentures constitutes redemption of debentures by purchase in the open market.