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Company Meetings and Governance - Class XI
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The term company Limited by shares is defined in section _________ of Companies Act, $2013$.
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A
$2(22)$
💡 Explanation:
As per section 2(22) of the Companies Act 2013, "A company limited by shares is a company whose shareholders have a liability limited to the extent of the amount unpaid, if any on the shares held by the shareholders."