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Section 192

Liability of members

of Companies Act 2016

ActIn forceProvision 192 of 768
Section 192

(2)

The liability of a member of a company is limited to—

(a)

in the case of a company limited by shares, any amount unpaid on a share held by the member;

(b)

in the case of a company limited by guarantee, any amount which the member has undertaken to contribute to the company in the event of it being wound up;

(c)

any liability expressly provided for in the constitution of the company; and

(d)

any liability as provided for under this Act.