_________ arises in respect of debt due on shares as well as on other transactions.

Name: _________ arises in respect of debt due on shares as well as on other transactions.
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Question

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Lien arises in respect of debt due on shares as well as on other transactions, allowing a company to retain possession of shares until the debt is paid. Forfeiture specifically refers to the loss of any right or property as a penalty for default, which is not directly related to the concept of retaining possession due to a debt.

_________ Arises in Respect of Debt Due on Shares as Well