What is Limited Liability (Tamil) |
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What is Limited Liability
If someone asks me why should I choose a private limited or OPC instead of partnership or proprietorship I use to explain the major advantage of a Limited Company, which distinguishes it from a firm, that is Limited Liability. But what does that mean? That's what we are going to see in this Article.
What is Called a Company?
A company is a Legal Entity which is registered under Indian Companies Act, 2013. The various forms of Companies are Private Limited Company, One Person Company, Public Limited Company, Non Profitable Company, and many more. This is completely different from a Firm. One thing that majorly differentiates a company from firm is Limited Liability
What is Limited Liability?
Limited Liability is a legal structure where in a shareholder’s responsibility is limited on loss or liability. In simple words Limited liability is the extent to which a company shareholder or director is financially responsible for their company’s debts.
Once it has been incorporated, the business becomes a separate legal entity from its owners. That means the finances and assets of the individual and the finances and assets of the company are completely separate. If the company is sued or cannot pay its debts, the owners are only liable for the debt to the value of the money they have already invested in the business. - แนวปฏิบัติและการใช้ชีวิต
அருமையான பதிவு அண்ணா...🙏 மிகவும் பயனுள்ளதாக இருந்தது
Thanks for enlightening bro.
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Bro your explanation was superb..
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Limited liability it filing oru vedio podunga Sir
Sir will u pls upload
Extent and limitation of liability of llp and partners
Sir, kindly explain company limited by guarantee and company limited by shares
Sir, i am in grade 11 and doing A level business and your videos are really helpful
So it would be very useful if you upload a video on marketing. Thanks!
Sure brother... Will upload it next week...
Super sir
Thank you bro
LLP companya nambi investment pannalaaama
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Hi pro
Hi bro, how can I assist you?
bro remember your teaching and creating future businessman maintain proper dress code . [your sleeve is way too long while your coat is too short
Thanks a lot for your feedback bro....