Promoter

This query is : Resolved 

Profile Image

Guest

Profile Image

Guest (Querist)
11 July 2013 Sir ,

I want to know whether it is compulsory for the promoters to buy/acquire shares of the proposed company.


please make me understand in detail.
please guide me please



11 July 2013 Yes ... Subscribers to the MOA are called promoters and every subscriber has to purchase at least one share of the company which they are going to buy.

Regards
CS Pawan

Profile Image

Guest

Profile Image

Guest (Querist)
12 July 2013 thanks sir
I thank you very much

best regards


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
06 July 2026
Accountant

Agarwal Anoop and Associates

Noida

CA Final

View Details
Company
29 June 2026
Accountant (Finance & Compliance)

TRIEYEZ

Kolkata

CA

View Details
Company
ARTICLESHIP 28 June 2026
Article Assistant

Sharma Chetan And Company

Gurgaon

CA Inter

View Details
Company
25 June 2026
Accounts & Taxation Executive

Dindukurthy & Associates

Hyderabad

MBA

View Details
Company
22 June 2026
Finance Manager- Chartered Accountant

Triveni Turbine Limited

Bengaluru

CA

View Details
Company
ARTICLESHIP 08 July 2026
Article internship

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
16 July 2026
Manager - Finance & Accounts

Aliens Group

Hyderabad

CA Final

View Details
Company
11 July 2026
CA semi qualified

Vakilsearch.com

Chennai

CA Inter

View Details