The company act 2013 section 3A

are members liable to the transactions/contracts entered after 6 months?
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Quick Summary
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.

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

Thanks

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