i. No, Company cannot ask Mr. John for further payment, because, he has already paid the full amount of face value.
ii. ‘Limited Liability is a feature, which is referred to in this...
1. Yes, he has to pay to his creditors.
2. A sole trading concern has unlimited liability therefore, he has to pay his creditors by selling off his private property.
i. Pay-in-slip
ii. Overdraft
iii. Cash credit
iv. Overdraft
v. Current Account
vi. Stop payment request
vii. Fixed Deposit Account
viii. Withdrawal Slip
ix. Bill of exchange