Talk:Limited company
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What it ain't
[edit]An Ltd is not really similar to a GmbH at all. I am also doubtful whether the claims IRT Pty. Ltd. and US Corporations are valid. IMHO the claims should be substantiated or removed, or as they say on IRC: "PROOF OR STFU". Komet 21:35, 30 July 2006 (UTC)
To say that a UK "plc" is similar to a German AG or a U.S. corporation seems to imply that under U.S. corporation law there are different forms of corporate entity for publicly traded entities than for privately held ones. This is not true, although it appears to be the case in the U.K. and Germany. In the U.S., a corporation is organized under state law without regard to whether the incorporator intends to make a public offering of its shares. There is, of course, legal significance to whether an entity's shares are publicly traded; generally this means that distributions of the entity's shares must be registered with the SEC and the company's financials periodically submitted to the SEC. However, this federal law requirement doesn't require that the corporation that began life privately held must go back and reorganize itself under state law as some kind of U.S. "plc" -- there's no such beast. McTavidge (talk) 02:33, 15 September 2009 (UTC)
Anyone know the origin & history (briefly) of the concept of the Limited Company? I'm fascinated by this as it is the one big idea, the vehicle that has enabled man to pursue profit on an unprecidented scale and it's the juggernaut that is presenting mankind with the most compelling challenge to date: rapid environmental degradation.
(Eco-nomics-8/1/07)
"see also: private unlimited company"
this article doesnt exist
why only in the uk?
[edit]wat is it abroad? Behind the veil 18:17, 21 June 2006 (UTC)
Globalize tag
[edit]Why has this tag been added? The article specifically states that it refers to a legal concept in a defined area (UK & Ireland), so, how can it be "globalised" other than by links to similar arrangements? Folks at 137 17:53, 18 April 2007 (UTC)
Removing the tag
[edit]I'm removing the tag, (approx. 2 months old) as this is specific to Great Britain, but encourage editors to include links within the article for relevant, similar information in other countries. Also a see also section should include related terms. User:Pedant 23:32, 6 June 2007 (UTC)
Fair use rationale for Image:Pyat rublei 1997.jpg
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BetacommandBot 11:29, 6 July 2007 (UTC)
History of the Limited company
[edit]I agree with the post above about the article needing more on the history of the Limited company (though I don't agree with the point that Limited companies have brought about the destruction of the environment).
I know next to nothing about the history of the Limited company and can find precious little about it, even on the internet. I do know that Gilbert and Sullivan wrote an operetta entitled 'Utopia Limited' in which the trend was for people to set up Limited Companies in order to avoid paying their debts. I believe this was in response to the Limited Liability Act of 1862 which enabled limited liability companies to be set up without an act of parliament. It also allowed shares to be sold to the public.
I will try to paste a very basic section on this but would be grateful if others with more knowledge could expand upon it.
Robiati (talk) 12:45, 8 July 2008 (UTC)
WHATS THE PROBLEM! —Preceding unsigned comment added by 82.47.248.103 (talk) 10:27, 4 February 2009 (UTC)
Ltd (vs. Plc) for UK?
[edit]I hesitate to add "Ltd." here under UK. Am I on the right page or are there more kinds? See: [1]. comp.arch (talk) 23:50, 8 November 2013 (UTC)
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Phrasing of “limited by guarantee” explanation
[edit]As far as I can tell, the sentence which explains the liabilities associated with a “limited by guarantee” company does not make coherent sense. However, I’m having a hard time determining whether that is truly the case or if, perhaps, I am simply not parsing the words properly or otherwise overlooking the meaning. Could someone else take a look? For reference, here is a copy of the sentence in question: “In a company limited by guarantee, the liability of owners is limited to such amount as the owners may undertake to contribute to the assets of the company, in the event of being wound up.”