Glossary entry

Polish term or phrase:

w wysokości niewpłaconej części

English translation:

liable to the value of the unpaid share capital

Added to glossary by margomal
May 26, 2014 10:43
9 yrs ago
5 viewers *
Polish term

w wysokości niewpłaconej części

Polish to English Law/Patents Law: Contract(s)
Wspólnicy nie odpowiadają za zobowiązania Spółki i ponoszą ryzyko strat związanych z działalnością Spółki do wysokości wpłaconych udziałów w kapitale zakładowym Spółki. Wspólnicy Spółki, którzy nie wpłacili udziały w kapitale zakładowym Spółki w całości, ponoszą wspólną odpowiedzialność za zobowiązania Spółki w wysokości niewpłaconej części udziałów każdego ze Wspólników.

Proposed translations

5 hrs
Selected

liable to the value of the unpaid share capital

Alternatywna propozycja, przy czym zgadzam się również z moimi 'przedmówcami' ;)
Example sentence:

My understanding was that the only exposure was that the shareholders would be liable to the value of the unpaid share capital on winding up if there were insufficient assets in the company to cover liabilities. This is assuming a private company.

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4 KudoZ points awarded for this answer. Comment: "Dziękuję"
28 mins

in the amount of the unpaid part

imho
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33 mins

to the amount unpaid

the liability is limited to the amount unpaid on the shares (held by ...)

https://www.google.pl/#q=liability is limited "to the amount...

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Note added at 43 mins (2014-05-26 11:27:10 GMT)
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Private company limited by shares - members' liability is limited to the amount unpaid on shares they hold.
http://www.companieshouse.gov.uk/about/gbhtml/ca_gbf1.shtml

Private company limited by shares: This company has a share capital and the liability of each member is limited to the amount, if any, unpaid on their shares.
http://www.companieshouse.gov.uk/about/gbhtml/gp1.shtml

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Note added at 16 hrs (2014-05-27 03:27:55 GMT)
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This means that the liability of each member is limited to the amount unpaid on shares held by them.
These have a share capital and the liability of each member is limited to the amount unpaid on their shares.
Crucially the liability of shareholders is limited to the amount unpaid on their shares.
company has a share capital and the liability of each member is limited to the amount unpaid on shares that a member holds.

https://www.google.pl/?gfe_rd=cr&ei=YgWEU6uZJcOG8QeEjICICg#q...
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