Multiple Choice Questions on Liability of a shareholder is limited to hellip hellip hellip hellip hellip hellip hellip of the sha........... for UPSC EPFO Exam Preparation

Back to Main Page

Multiple Choice Questions

Liability of a shareholder is limited to hellip hellip hellip hellip hellip hellip hellip of the sha...........

Let's Discuss

in case of premium share, my liability could not be limited only to the face value of the share. Ex- if share has face value of Rs.10 and Premium is of Rs1, then my liability is expected to be Rs.11. this way its more logical to think, purely in my opinion, that my liability at any time is limited only to the amount that has been called up. Please advise.

0 0 reply

in case of premium share, my liability could not be limited only to the face value of the share. Ex- if share has face value of Rs.10 and Premium is of Rs1, then my liability is expected to be Rs.11. this way its more logical to think, purely in my opinion, that my liability at any time is limited only to the amount that has been called up. Please advise.

0 0 reply

your point of view is as per a given point of time where the amount is called up and you pay as per the amount of liability you are supposed to pay at that time. the question is general in nature. The total liability you have towards the company is the face value of share i.e. the extent to which you decided to pay for the shares to the company.

0 0 reply
What our students have to say
Download Abhipedia Android App

Access to prime resources

Downlod from playstore
download android app download android app for free