The company act 2013 section 3A

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25 Points Posted on 08 January 2021
are members liable to the transactions/contracts entered after 6 months?
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On 08 January 2021 at 16:38 Report
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This discussion clarifies member liability concerning transactions or contracts made after a six-month period, as per Section 3A of the Company Act 2013. It confirms that members can indeed be held liable in such cases. Specifically, liability arises if the number of members falls below the statutory minimums of two or seven, depending on the company type.

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66 Points Posted on 11 January 2021

yes, if members below statutory limits, 2 or 7 as the case may be.

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On 11 January 2021 at 21:12
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25 Points Posted on 11 January 2021
Thanks
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On 11 January 2021 at 21:13

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