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Promoter (Anjana)

Promoter (Anjana)

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Published by Abhishek Mishra

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Published by: Abhishek Mishra on Nov 15, 2010
Copyright:Attribution Non-commercial

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11/15/2010

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Anjana K C10HM05
 
Who does the preliminaryframework incidental to theformation of the company.
May be an individual , syndicate ,partnership or company.
Promoter has a desire to form thecompany and takes steps toimplement it.
 
WHO IS NOT A PROMOTER?
Persons assisting promoters by acting in aprofessional capacity do not thereby becomepromoters themselves.e.g.,The solicitor who drafts the articles, theaccountant who values the assets of thebusiness etc. areNOTpromoters of thecompany.

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