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Liability on share

Will all the shareholders of unlimited company have unlimited liabilities? Can a shareholder hold limited liability share in an unlimited company?


Venkateshwara Prabhu

Venkateshwara Prabhu

CA Inter

16K+

05-May-20 15:10

10

Answers (2)

It depends on shareholder agreements. If shareholders agree, some shares may have limited liability.


Suraj Lakhotia

Suraj Lakhotia

Admin

07-May-20 07:04