Question

A company, when registered with limited liability under the Companies act. 1956 shall be deemed to be a company ________.

• A. limited by shares
• B. limited by money
• C. limited by directors
• D. all of the above

Answer 1

The correct option is A limited by shares

A company, when registered with limited liability under the Companies act. 1956 shall be deemed to be a company limited by shares. It is a company that is limited by shares that has the liability of the members limited by such an amount that is unpaid on their respectively held shares.

Thus the correct answer is A.