Promoter

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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

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12 July 2013 thanks sir
I thank you very much

best regards


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