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Liability of a shareholder is limited …

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Liability of a shareholder is limited to ……………… of the shares allotted to him : Paid up Value Called up value Face value Reserve Price

Posted by Kulwant Singh 3 years, 11 months ago

CBSE > Class 12 > Accountancy

2 answers

Gaurav Seth 3 years, 11 months ago

Face Value

In case of a public limited company the liability of the shareholder is to pay up to the Face value of shares. The company can at any time ask the shareholders to pay the unpaid calls on the shares. In case of loss, shareholders are not liable to pay more than the nominal value of shares.Hence, its said that the liability of the shareholders is limited to the unpaid calls or nominal value of the shares.

Yogita Ingle 3 years, 11 months ago

Liability of a shareholder is limited to ……………… of the shares allotted to him

Face value

ANSWER

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