TMI BlogMembers severally liable in certain cases.X X X X Extracts X X X X X X X X Extracts X X X X ..... rtain cases. 3A. If at any time the number of members of a company is reduced, in the case of a public company, below seven, in the case of a private company, below two, and the company carries on bus ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... during that time, and may be severally sued therefor. ] ************** Notes:- 1. Inserted vide The Companies (Amendment) Act, 2017 Dated 03-01-2018 w.e.f. 09 February, 2018 - - statute, statutory ..... X X X X Extracts X X X X X X X X Extracts X X X X
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