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If a company carries on business for more than ______ months after the number of its members has been…

Under the Companies Act, if a company carries on business for more than "six months" after its membership falls below the statutory minimum of seven for a public company or…

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If a company carries on business for more than ______ months after the number of its members has been reduced to below seven / two (public/private company), every member who knows this fact is severally liable.

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Under the Companies Act, if a company carries on business for more than "six months" after its membership falls below the statutory minimum of seven for a public company or two for a private company, every member aware of the fact is severally liable for the debts contracted thereafter.

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