12. A compnay having liability of its members by the memorandum. State the kind of registered company?
(A) Company limited by shares
(B) Company Limited by guarantee
(C) Unlimited companies
(D) Public company
Company Limited
Answers
Answered by
5
Answer:
B. Company Limited by guarantee
Explanation:
section 2(21)
Answered by
1
Answer:
(A) Company limited by shares
Explanation:
A company that has the liability of its members limited by the memorandum to the amount, if any, unpaid on the shares respectively held by them is termed as a company limited by shares. The liability can be enforced during existence of the company as well as during the winding up.
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