A company in which the liability of its members limited by MOA to such amount as members may underta...........

Companies Act-Phase (I & II) Introduction to Company Act

A company in which the liability of its members limited by MOA to such amount as members may undertake to contribute to the assets of the company in the event of its being wound up, such company is known as:

Company Limited by shares

Company limited by Guarantee

Public limited company

Private limited company

None of the above

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Explanation:

As per Section 2(21) of Companies Act, 2013, company limited by guarantee means a company having liability of its members limited by the memorandum to such amount as the members may respectively undertake to contribute to the assets of the company in the event of its being wound up.