What is promoters?
Answers were Sorted based on User's Feedback
Answer / ashid puzhakkal, m.com.,b.ed.
Promoters are the persons who bring the company into
existence. The bring the idea to start the business,
conduct detailed investigation, and make necessery
arrangements for registration of the company, and also for
rasing capital for the company
| Is This Answer Correct ? | 26 Yes | 1 No |
Answer / kuldeep srivastava
Promotors is a person whose shows the scheme of a company,
prepare the mamorandom of association and articles and
gets registered.
| Is This Answer Correct ? | 15 Yes | 2 No |
Answer / pranjal
Promoters means a person who generate idea of incorporating
a company and takes all the effective steps to incorporate
it.The term promoter includes a person who conceives the
idea of formation of a company,does the preliminary work
for formation of the company.
| Is This Answer Correct ? | 12 Yes | 2 No |
Answer / khanyi
is someone who is an active suppoter and advocate
| Is This Answer Correct ? | 3 Yes | 3 No |
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Expand--------TOS
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Expand S E
N N SALES: DEPT A 150000 DEPT B 2500 100000 newspaper 1000 rates 500 elect 250 salary 10000 stock 1/4/92 :dept A 2300 DEPT B - stock :1/4/93 dept A 1200 dept B 700 newspaper 300 prepare trading profit and loss account. thanx