ABC Limited Company was set up in Hong Kong for ten years. It has bank facilities (loans) in Meland Bank in Hong Kong. Billy and John are the owners as well as the directors of this limited company. They both have the right to operate the loan account, which has HK$1 million outstanding loan. Because of trade war between US and China, it is running a loss and finally run into bankruptcy. Are Billy and John responsible for repaying the loan of the limited company? Please advice.