Justify the following statement: The liability of shareholders of the company is limited.

1. In a Joint Hindu Family Business, there are two types of members – Karta and Coparceners.  2. The karta has unlimited liability and he is the only decision making authority....

The liability of shareholders is limited in Joint Stock Company. Personal property cannot be used to pay the debts of the company. Liability is limited to the unpaid part of the face...

i. Yes, this is a One Person company, because only one/single person is a member of this company. ii. The liability of Mr. Manoj is limited. iii. No, Company will not close down on the...

i. (b) Liability ii. (c) Capital iii. (a) Articles of Association iv. (a) members v. (b) Prospectus vi. (b) Shelf vii. (a) Red Herring Prospectus

i. Rights of Board of Directors ii. Liability Clause iii. Articles of Association

i. No, ZEN Limited cannot invest in the shares of itself. ii. Yes, ZEN Limited can invest in the shares of TEN Limited. iii. Justification: ZEN limited being a legal person can be a member of...

i. Annual General Meeting ii. Extra Ordinary General Meeting iii. Annual Report iv. Extra Ordinary General Meeting v. Class Meeting

A Joint Stock Company is a business organization with a wide scope of business activity. Though shareholders of the company are the part of owners as well as the members of...

Correct option is (b) Contingent

(i) The liability of shareholders of the company is limited. (ii) The member of the Joint Hindu family business is called as co-parceners. (iii) A Joint Stock Company is an artificial person created by law. (iv) Co-operative...