Section 192. Liability of members

(1) A member shall not be liable for an obligation of a company by reason only of being a member of the company.

(2) The liability of a member of a company is limited to—

(a) in the case of a company limited by shares, any amount unpaid on a share held by the member;

(b) in the case of a company limited by guarantee, any amount which the member has undertaken to contribute to the company in the event of it being wound up;

(c) any liability expressly provided for in the constitution of the company; and

(d) any liability as provided for under this Act.

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