Business Studies, asked by mk8804926, 5 months ago

meaning of company limited by shares​

Answers

Answered by raviprakashtyagi7500
1

Answer:

it refers to a company in which the lability of members is limited to the amount unpaid on the shares held by them.

these companies therefore provide the share holders with limited liability. similarly the directors of a company limited by shares are also not liable for the debts of company.

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