Share Forfeiture Package

Cancel forfeited shares. ASIC Registered Agent.

Quality documents Premium service Cost effective
Share Forfeiture (Cancellation of Shares)

Forfeiture of uncalled or unpaid shares in your ASIC company from $330! Forfeiture package includes all documentation required to cancel (forfeit) shares.

What is a forfeiture of shares?

A company may by resolution cancel shares that have been forfeited and reduce its share capital by the amount that has been forfeited under the terms on which the shares they were issued pursuant to section 258D Cancellation of Forfeited Shares of the Corporations Act and the company’s constitution. Depending on the terms of the company’s constitution a company may forfeit shares if:

  • If a shareholder does not comply with the requirements on which they were purchased.
  • If a shareholder fails to pay a call or instalment of unpaid capital.
  • If a shareholder fails to rectify a service of notice for non-payment.

Generally, if the shares are forfeited the shareholder no longer owes a debt to the company for those forfeited shares. Once the resolution has been passed at a general meeting to cancel forfeiture shares, ASIC must be notified of the change within one month after the cancelation of shares.

  • ASIC Form 484
  • Share Forfeiture (Cancellation)
  • Notices
  • Minutes of Meeting
Download Order Form
from $330

Documents included with the Share Forfeiture Package

  • Form 484 Section C
  • Minutes of meeting
  • Share Forfeiture (Cancellation)
  • Notices
How much does it cost to cancel forfeited shares?
The cost to cancel forfeited shares varies on complexity of the share forfeiture. Generally, our cost to prepare the draft documentation is $330.
How long does it take to prepare the documents ?
The process can take up to 1-2 business days depending on complexity. Once the general meetings have been held, ASIC must be notified of the change within 1 month.
Should I seek legal advice?
The summary displayed on this page is for information purposes only. Summary for share forfeiture should be considered general in nature, and should not be a substitute for professional legal advice. You must always seek your own independent legal, financial and accounting advice about your unique situation.
Quality Documents

We provide high quality documentation which is carefully drafted by our in-house lawyers. Other firms provide out of the box solutions for all clients, here at Abbots we provide tailored documents based your needs. We invest time in ensuring all documents are current and compliant.

Premium Service

We provide a premium service. We understand that each client has individual requirements and as such we tailor our service to ensure you are creating your documents in a timely and accurate manner. We pride ourselves on going the extra mile to ensure our clients are satisfied.

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Our innovative platform allows for your documents to be created within minutes. Our easy online ordering system allows all your procedures to be stored indefinitely for you to download when you require.


For over three decades Abbots has remained the most competitive provider of legal documentation. We constantly review our costs and ensure that our clients are not paying more than they have too.


We provide integrations with our partners which makes ordering easier. Integration with BGL allows company file data to be exported into your software from the minute your company was incorporated.

Easy online ordering

We provide an easy ordering process that ensures our clients can efficiently place orders. Clients can also submit handwritten orders. All forms are easily accessible under our resources tab.