1. Nature of shares in a limited liability company
... one person. Another reservation is that, although as a general rule a company is formed for the purpose of trade or business, in reality the law does not require that purpose of a company. Once a company is registered at the Malta Financial Services Centre, that company becomes a separate legal person, distinct from its members/shareholders who constituted the company in the first place. As a separate person ... his shares to A? It will be left with one shareholder. If a company continues with just one shareholder for more then six months some problem will arise. Does it make full legal...
- Word Count: 2001
- Approx Pages: 8
- Grade Level: High School