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COMPANY LIMITED BY GUARANTEE UNDER COMPANIES ACT 1965 PERSPECTIVE LEARNING OUTCOME Companies limited by guarantee (CLOG) under the Companies Act 1965 (CA 1965) are companies which the liability of
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What is company limited by guarantee?
Company limited by guarantee is a type of corporation where the liability of members is limited by the amount they agree to contribute in the event of winding up.
Who is required to file company limited by guarantee?
Company limited by guarantee is required to be filed by organizations that do not have shareholders, but have members who act as guarantors.
How to fill out company limited by guarantee?
To fill out a company limited by guarantee, you need to provide details of the guarantors, directors, and other relevant information in the prescribed forms.
What is the purpose of company limited by guarantee?
The purpose of company limited by guarantee is to provide a legal structure for non-profit organizations, charities, and social enterprises to operate.
What information must be reported on company limited by guarantee?
Information such as the name of the company, registered office address, details of guarantors, directors, and financial statements must be reported on company limited by guarantee.
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