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Undischarged bankrupts cannot be a director and cannot manage a company without approval from the Court or the Official ...
Who is responsible for debts of the company?
Shareholders (Members) are not personally liable for debts and losses of the company.
Can Company own property?
Yes. Company can own property in its (company’s) name.
Liability of shareholders in Companies?
Shareholders (Members) have limited liability in the companies.
Liability of members in Companies?
Members have limited liability in the companies.
What is Public Company Limited by shares?
A Public Company can have more than 50 members and with or without beneficial interest by any corporation in the company...
