Urgent- Limited liability
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 November 2010
A PUblic limited company by guarantee wants to increase its liability. Will the members be liable for the increased liability?
14 November 2010
if all memebers consented to increase the liability then only liability can be increased so first take the permission of members otherwise they will not be liable
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Querist : Anonymous
Querist :
Anonymous
(Querist)
16 November 2010
Thanks a lot sir
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