- published: 04 May 2008
- views: 9411287
A private company limited by shares, usually called a private limited company (Ltd.) (though this can theoretically also refer to a private company limited by guarantee), is the private limited type of company incorporated under the laws of England and Wales, Scotland, that of certain Commonwealth countries and the Republic of Ireland. It has shareholders with limited liability and its shares may not be offered to the general public, unlike those of a public limited company (plc).
"Limited by shares" means that the company has shareholders, and that the liability of the shareholders to creditors of the company is limited to the capital originally invested, i.e. the nominal value of the shares and any premium paid in return for the issue of the shares by the company. A shareholder's personal assets are thereby protected in the event of the company's insolvency, but money invested in the company will be lost.
A limited company may be "private" or "public". A private limited company's disclosure requirements are lighter, but for this reason its shares may not be offered to the general public (and therefore cannot be traded on a public stock exchange). This is the major distinguishing feature between a private limited company and a public limited company. Most companies, particularly small companies, are private.
Holding on
Is very hard to do
When love is gone
And that's no lie
Holding on
Is very hard to do
When love is gone
Hey, hey, hey, yeah
I get you're unhappy, I know you gotta be (I know you gotta be)
?Cause it can drive you out your mind
There ain't no sense in cryin', it's time for you to leave (Time for you to leave)
Baby, that's the bottom line
I betcha lie awake nights and never rest a bit
And wish it all would disappear (Yeah)
But still the bottom line is you got to deal with it
And to yourself at least be fair
Said holding on
Is very hard to do
When love is gone
And that's no lie
Holding on
Is very hard to do
When love is gone
Hey, hey, hey, yeah
Ha-ha-ha
Who are you kidding
Doo doo doo doo
Ha-ha-ha
Who are you kidding
Doo doo doo doo
Ha-ha-ha
Who are you kidding
Doo doo doo doo
Ha-ha-ha
Who are you kidding
Said holding on
Is very hard to do
When love is gone
And that's no lie
Holding on
Is very hard to do
When love is gone
Hey, hey, hey, yeah
I get you're unhappy, I know you gotta be (I know you gotta be)
?Cause it can drive you out your mind
There ain't no sense in cryin', it's time for you to leave (Time for you to leave)
Baby, that's the bottom line
I betcha lie awake nights and never rest a bit
And wish it all would disappear (Yeah)
But still the bottom line is you got to deal with it
And to yourself at least be fair
Said holding on
Is very hard to do
When love is gone
And that's no lie
Holding on
Is very hard to do
When love is gone
When love is gone, hey
Holding on
Yeah, yeah, hey, yeah
When love is gone
Oh yeah
Holding on
Holding on is so very hard to do
When love is gone
So very hard to do, yeah, oh said
Ah, yeah
I said
Hey, I said
Listen to me now
When you know the feeling's gone
Then you've got to stop holdin' on
?Cause that makes it twice as bad
You can't give love that you don't have
So why drag it on and on and on
Holding on
Holding on and on and on, yeah
When love is gone
Hey, hey, said that I'm holding on
Holding on
Is so very hard to do when your love is gone
When love is gone
When your love is gone, yeah
Holding on
Is so very hard to do when the love is gone
When your love is gone
Yeah, yeah
Holding on
Oh, yeah, yeah, yeah, yeah