Question

what is company limited by shares?​

Answer 1

"Limited by shares" means that the liability of the shareholders to creditors of the company is limited to the capital originally invested, i.e. the nominal value of the shares and any premium paid in return for the issue of the shares by the company. ... Most companies, particularly small companies, are private.

Answer 2

Answer:

"limited by shares" means the libality of the shareholders to creditors of the company is limited to the capital originally invested that i.e, the normal value of the shares & any premium paid in return for the issue of the shares by the company .