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प्रश्न
What is meant by Limited liability?
उत्तर
The liability of a shareholder is limited. The risk of loss is limited to the unpaid amount on the face value of shares held.
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संबंधित प्रश्न
Explain the following term/concept.
Listed company
Explain the following term/concept.
One Person Company
Study the following case/situation and express your opinion.
Sunset Printers Pvt. Ltd. was incorporated on 5th Dec, 2015 as per the provisions of Companies Act 2013. Mr. Manoj was the only subscriber to the Memorandum and Articles of Association and he was also the only member of the company.
a) Is this company a One Person company?
b) Will the liability of Mr. Manoj be limited or unlimited?
c) Will the company close down on the death, insanity or insolvency of Mr. Manoj?
What are the different types of companies?
What is meant by Chartered Company?
What is meant by a Private Company?
What is meant by a Government Company?
What is meant by Foreign Company?
In case of a public company, it must have at least _____ Directors.
Maximum number of members in a Public Company.
