Difference between revisions of "private company limited by shares"

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(‎Changed [en] description: type of company used in UK and India. For a company limited by shares, the liability of the members is limited by the Memorandum of Association to the nominal amount of his/her share or so much which remains unpaid....)
 
description / endescription / en
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type of company used in UK and India
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type of company used in UK and India. For a company limited by shares, the liability of the members is limited by the Memorandum of Association to the nominal amount of his/her share or so much which remains unpaid. Therefore, the liability of the shareholder with respect to a Private Limited Company limited by shares is restricted to the paid-up share capital or any amount that remains unpaid. The shareholder cannot be held liable or asked to pay more than his/her share capital invested in the company.

Latest revision as of 08:21, 14 June 2018

type of company used in UK and India. For a company limited by shares, the liability of the members is limited by the Memorandum of Association to the nominal amount of his/her share or so much which remains unpaid. Therefore, the liability of the shareholder with respect to a Private Limited Company limited by shares is restricted to the paid-up share capital or any amount that remains unpaid. The shareholder cannot be held liable or asked to pay more than his/her share capital invested in the company.
  • private limited company
  • Ltd.
  • Limited Company
  • ltd
  • Ltd company
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Language Label Description Also known as
English
private company limited by shares
type of company used in UK and India. For a company limited by shares, the liability of the members is limited by the Memorandum of Association to the nominal amount of his/her share or so much which remains unpaid. Therefore, the liability of the shareholder with respect to a Private Limited Company limited by shares is restricted to the paid-up share capital or any amount that remains unpaid. The shareholder cannot be held liable or asked to pay more than his/her share capital invested in the company.
  • private limited company
  • Ltd.
  • Limited Company
  • ltd
  • Ltd company

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Limited Company (British English)
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Ltd. (British English)
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