In a limited liability share company, once the price of the share is fully paid the shareholder has no further liability.

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This is a fundamental characteristic of a limited liability share company, that the liability of shareholders is limited to the amount of capital they have invested or agreed to invest in the company. Once the price of the share is fully paid, the shareholder has no further obligation, even in case of the company's insolvency or other losses.

In a Limited Liability Share Company, Once the Price of the Share