CUET Preparation Today
In case of company limited by shares, the liability of members is: |
Limited to the amount they undertake to contribute Limited to the extent of the nominal value of shares held by them Unlimited Limited to the extent of the market value of shares held by them |
Limited to the extent of the nominal value of shares held by them |
The correct answer is Option (2) → Limited to the extent of the nominal value of shares held by them |
