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Hi, the debts of a company are not the debts of the shareholder. The shareholder is only liable for the amount for which he has paid up shares. However, if you are also a former director of the company, and have given a personal guarantee, then you may be liable for debts of the company. I would need more information to advise you. If the company has already been wound up, the company is "dead" and therefore any monies owed would no longer be payable (assuming that the company has no other assets to service the debt). However, as I said above, if you have executed a personal guarantee, the creditor may look to you for repayment. Hope this has been of help. Regards, Jared
Hi if the guarantee has been paid or been discharged then no other debts are owed by you. Even if you were the director, the various creditors and government agencies should be contacting the liquidator and not you. It is for the liquidator to gather in any assets of the company. As I said, the shareholders are only liable for their own shares - so if you have 100 shares of Rm$1 each, that's all you are liable for. Regards, Jared
Hi the shareholder is not liable for the debts of the company. Since there has been a liquidator appointed, any letters, correspondence, demands etc should be addressed to, and handled by the liquidator. I hope this answers your question. Please remember to rate my answer if you are satisfied. Regards, Jared.