company limited by shares
What is a company limited by shares?
company limited by shares means a company -
- whose memorandum limits the liability of all its members to the amount (if any) unpaid on the shares held by its members; and
- means -
- with a share capital consisting of par value shares; or
- Ermächtigung zur Ausgabe von Stückaktien;
You can find more and further information in our Lexicon/Glossary or in the IBC Act.