# Companies Clauses Consolidation Act 1845, Section 32: Sale of forfeited shares.


After such confirmation as aforesaid it shall be lawful for the directors to sell the forfeited share, either by public auction or private contract, and, if there be more than one such forfeited share, then either separately or together, as to them shall seem fit; and any shareholder may purchase any forfeited share so sold.

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Source: https://www.legislation.gov.uk/ukpga/Vict/8-9/16/section/32 (the official version)
Page: https://openlegislation.uk/companies-clauses-consolidation-act-1845/section-32
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.