Company director liabilities
This query is : Resolved
VENKANNABABU.DAVELI
(Querist)
06 December 2019
What is liability of members and
directors in pvt.ltd. Co. In case of non payment of bank loan and unsecured taken by pvt. Ltd. company is legal ly active but
continues change in board of directors who is responsible for the liability
directors in pvt.ltd. Co. In case of non payment of bank loan and unsecured taken by pvt. Ltd. company is legal ly active but
continues change in board of directors who is responsible for the liability
Devershi Gupta
(Expert)
11 December 2019
Please describe your question appropriately....
According to what I could understand
There is no liability on the members of the Company other than amount not paid up on the shares held by them same as in case of liquidation/winding up.
Conduct of Directors will decide whether they are liable or not. For further queries please provide some details.
According to what I could understand
There is no liability on the members of the Company other than amount not paid up on the shares held by them same as in case of liquidation/winding up.
Conduct of Directors will decide whether they are liable or not. For further queries please provide some details.
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