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What do you understand by company limited by shares?

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What do you understand by company limited by shares?
posted Jul 18, 2017 by Sagar Sharma

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"Limited by shares" means that the liability of the shareholders to creditors of the company is limited to the capital originally invested, i.e. the nominal value of the shares and any premium paid in return for the issue of the shares by the company.

answer Jul 19, 2017 by Chetan Hindu
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