Liability of HDT Company Shareholder

Hi guys

Just wondering whether anyone is aware of the potential liabilities for a simple shareholder of a HDT's trustee company with no other role in the HDT other than shareholder.

Cheers
Fish
 
Fish said:
Hi guys

Just wondering whether anyone is aware of the potential liabilities for a simple shareholder of a HDT's trustee company with no other role in the HDT other than shareholder.

Cheers
Fish

Shareholders have limited liability. That is the most you stand to lose is the paid up value of your shares - probably nominal here.

It can become more complex if you are acting as a "shadow director". But if the person is entirely inactive as a shareholder then there should be no concerns...That's the beauty of the "Ltd" bit after the company name.

Cheers
N.
 
Back
Top