Question

liability of a shareholder is limited to-----of the shares allotted to him.
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Answer 1

Answer:

unpaid capital

Explanation:

For example x is a share holder

He holds 100 shares each at ₹10 per share

He paid money upto allotment I.e. ₹6

Now if the company goes bankrupt and closes then this shareholder need to pay only the unpaid part of his share I.e. 10-6 = ₹4/-

This is what happens with every share holder..

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