The liability of members if company is limited by shares
The liability of members if company is limited by guarantee.
XYZ Company conducted an AGM on 1 st Sept.2007. On that day due to fire accident in the hall. All shareholders died. Will the company will be in existence.
If the company failed to refund application money with in 130 days from the date of issue of prospectus on nonreceipt of minimum subscription who will be personally liable.
Company’s owners are shareholders. So the company property belongs to the share holders. Do you agree with this statement?
Company will have fundamental rights.
Transfer of shares in the company is
XYZ Company shares are totally held by government. The company will be government.
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