The liability of shareholder of a public company is limited to the ______.

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KollegeApply · Accepted Answer

The liability of shareholder of a public company is limited to the nominal value of the shares. Explanation: It is said that owners’ liability in a public company is limited to the face value of the shares they own. People who own shares worth ₹ 100 and have paid ₹ 75 so far are responsible for paying the last ₹ 25 if they are asked to. However, they are only responsible for the share's face value (₹ 100).

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