Company law
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 October 2011
What are Pre-incorporation contracts and whar are the regarding it?
CA RICHA BADALIA
(Expert)
13 October 2011
Pre incorporation contracts are contracts entered by company during its formation process ie before incorporation.These are contracts entered in the name of promoters of the Company.These contracts can be adopted by the Company by passing resolution in the first Board Meeting.
CA Ashwani Agarwal
(Expert)
13 October 2011
They are governed by Section 15 and 19 of the specific relief act...
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