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材料全屏Reginald owns 100 shares o

材料全屏 Reginald owns 100 shares of Linsey Ltd. Each share has a nominal value of £2.50 and Reginald paid £1.00 per share on issue. Linsey Ltd also issued some debentures which are secured as follows.
A、fixed charge over a property in favour of Margaret on 1 May 20X7. It then created a floating charge in favour of Chris over the same property on 13 May 20X7. The company has Chris's charge registered on 25 May 20X7, and Margaret's charge on 29 May 20X7. 20 【论述题】 State the extent of Reginald's liability in the event of Linsey Ltd's liquidation.



【参考答案及解析】
Reginald is liable to pay the unpaid capital on his shares. This is £150 (100 × £1.50).
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