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Private limited comapny liability

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Querist : Anonymous

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Querist : Anonymous (Querist)
08 July 2016 sir
a director of a private limited company has given personal guarantee to third party, is there any liability on company.
he is equal share holder as well.
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Pratik Shah

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Pratik Shah (Expert)
11 July 2016 No. There should not be any liability on Company.

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