limited company

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limited company

a company in which the liability of each shareholder is limited to the amount of the capital agreed to be invested by him in it; liability does not extend to the member's other assets.
References in periodicals archive ?
NAB has used all channels of communications for provision of record of 56 public limited companies of Punjab but still NAB has not received complete record, sources added.
The decision was taken after the Bureau received complaints against these public limited companies for not conducing their regular performance audit, alleged involvement in corrupt practices, injudicious use of resources, induction of blue-eyed people in violation of merit and rules and regulations.
The bank's group managing director, mortgages, Charles Haresnape, commented "With recent changes towards buy-to-let, Aldermore has looked to support those investing through limited companies by reducing rates in order to bring them in line with our product range for consumers.
In some instances, limited companies are formed for a certain period and in some cases no period of time is declared at all.
In terms of legal form and volume of capital, the report pointed out that the new companies divided into 244 limited companies with a capital of YR7.
Table 1 also reveals that the representation of Individual Proprietorship and Private Limited Companies has increased while that of KVHO has declined over a period of time.
In May, the General Company for Registering Companies issued 281 decisions ordering amendments to the deeds of association of the registered companies, in addition to three decisions ordering the closing down of a number of limited companies, the statement noted.
The new Act aims to reduce the administrative burden involved in running a small business and has provided many beneficial changes for small and medium private limited companies.
If a firm fails to comply with these requirements, Companies House can either dissolve limited companies or even prosecute.
I understand that limited companies are now not as advantageous as they used to be and I was wondering if you could tell me why.
There are responsibilities, specifically in relation to the Registrar of Companies, which people take on when they become directors of limited companies and they must be understood.
THOUSANDS of small businesses in Merseyside and the North West have been advised to reconsider their status as limited companies.

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