Promoters of Company
This query is : Resolved
12 September 2009
hi,
I have 2 queries
1) What does promoter of a company means? The director recruited at the time of formation will be termed as promoter?
2)con a company be a sister concern of two different companies??
Waiting for the prompt reply
Thanks in Advance...
Rama
I have 2 queries
1) What does promoter of a company means? The director recruited at the time of formation will be termed as promoter?
2)con a company be a sister concern of two different companies??
Waiting for the prompt reply
Thanks in Advance...
Rama
12 September 2009
Promoter is the person who is the prime person for bringing in the company into existence. May be his idea or capital etc.,
A promoter can be director, But a director recurited at the time of formation need not a promoter.
Yes. It can be sister concern of two different companies.
A promoter can be director, But a director recurited at the time of formation need not a promoter.
Yes. It can be sister concern of two different companies.
13 September 2009
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