Legal analysis: 1 In a limited company, once the shareholders have completed their capital contribution obligations, the debts of the company will be borne by the company independently, and the shareholders will only bear limited liability to the company with their own subscribed shares. The company's debts are borne by the company's property, and the shareholders of the company are only liable for the company's debts to the extent of their capital contribution (the actual capital contribution when the company was established). Under normal circumstances, it is no longer borne by the personal property of shareholders. If a loan is made in the name of a company, the actual situation should be distinguished. If the loan contract has an official seal, the loan is credited to the company account, and the third party is unaware of it, which belongs to the company debt and is paid off with the company assets. If this shareholder causes losses to other shareholders, other shareholders can recover. 2. Without the knowledge of the shareholders, if the company has external debts, the shareholders will not be liable for repayment. The company set off its debts with its assets. Shareholders shall bear limited liability in proportion to their capital contribution. If the company is forced to liquidate due to huge debts, they will not be required to pay off with personal property.
Legal basis: Article 3 of the Company Law of People's Republic of China (PRC) Limited liability companies and joint stock limited companies are enterprise legal persons. In a limited liability company, shareholders are liable to the company to the extent of their capital contribution, and the company is liable to its debts with all its assets. In a joint stock limited company, all its capital is divided into equal shares, shareholders are liable to the company to the extent of their shares, and the company is liable to the company's debts with all its assets. However, it is conditional and prerequisite for the shareholders of a limited liability company to bear limited liability for the debts arising from the company's operation, that is, only when the shareholders of the company set up the company according to law, all the registered capital was actually in place, and they did not withdraw their capital afterwards.