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    fbaaberey's Avatar
    fbaaberey Posts: 2, Reputation: 1
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    #1

    Nov 21, 2012, 12:26 PM
    In a company limited by shares, do all shareholders have a liability to bear?
    In a company limited by shares, I understand that members liability are limited to the amount of the unpaid up share capital holdings. Supposing a shareholder has paid the total value of the shares that was alloted to him. Does it mean that in times of massive debt the shareholders who are not owing for share capital alloted to them will not have a liability to bear?
    paraclete's Avatar
    paraclete Posts: 2,706, Reputation: 173
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    #2

    Nov 21, 2012, 06:40 PM
    That is exactly what limited liability means

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