**Forfeiture of Equity Shares**

When a shareholder fails to make the required payment on shares, the company has the right to forfeit those shares. Forfeiture means that the shares are taken back by the company, and the shareholder loses all rights and privileges associated with those shares.

**Calculation of Maximum Re-issue Price**

To calculate the maximum amount of discount at which these forfeited shares can be re-issued, we need to consider the following:

1. **Nominal Value**: The nominal value or face value of each equity share is ₹10.

2. **First Call**: The first call of ₹2 per share has not been paid by the shareholder.

3. **Final Call**: The final call of ₹3 per share is yet to be made.

4. **Forfeited Shares**: 1000 equity shares have been forfeited.

To determine the maximum re-issue price, we need to take into account the amount already paid by the shareholder (₹2 per share) and the amount yet to be paid (₹3 per share). The maximum re-issue price can be calculated using the formula:

Maximum Re-issue Price = Nominal Value - (Amount Paid + Amount Yet to be Paid)

= ₹10 - (₹2 + ₹3) = ₹10 - ₹5 = ₹5

Therefore, the maximum amount of discount at which these shares can be re-issued is ₹5 per share.

**Reasoning**

The maximum re-issue price is calculated by deducting the total amount paid and the amount yet to be paid from the nominal value. This is because the company cannot re-issue the forfeited shares at a higher price than the nominal value. By deducting the unpaid amounts, the maximum re-issue price is determined.

In this case, since the first call of ₹2 per share has not been paid, and the final call of ₹3 per share is yet to be made, the maximum discount is ₹5 per share. This means that the re-issued shares can be sold at a maximum price of ₹5 per share, which is a discount of ₹5 from the nominal value of ₹10 per share.

**Conclusion**

The maximum amount of discount at which the forfeited equity shares can be re-issued is ₹5 per share. This is calculated by deducting the amount already paid and the amount yet to be paid from the nominal value of the shares. It is important for companies to determine the maximum re-issue price in order to ensure fair valuation and to attract potential buyers for the re-issued shares.

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