Nisha Sharma posted an Question
March 29, 2021 • 14:33 pm 30 points
  • UGC NET
  • Commerce

And information must be only related to the underlined part

and information must be only related to the underlined part

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  • Rucha rajesh shingvekar

    These companies, therefore, provide shareholders with limited liability. Similarly, the directors of a company limited by shares are also not liable for the debts of the company.

  • Rucha rajesh shingvekar best-answer

    In company limited by shares member not required to pay any debts from his private property, if there is any liability in business it can be settled at the time of winding up.

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    members & shareholders are different or the same?

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    A shareholder is a person who buys and holds shares in a company having a share capital. They become a member once their name is entered on the register of members.

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