This one is a very basic question but please confirm.
Anyone can please tell me how many promotors are required to form a private company..
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Number of promoters in private company
Replies (10)
Promoters do form a company and among them who sign in the subscripttion clause in the memorandum will become the members of the company. So as we know two members are required to form a Private limited company.. When a company is formed, The promoter has no meaning and he ceased to exist.
agreed
TWO MEMBERS IS REOUIRED TO FORM A PVT. LTD. COMPANY AS PER ACT
Minimum 2 persons required to incorporate private company.
Agree with patap ji,
Promoters are the ones who form the company.After the incorporation their role ends. If they wish they can become the shareholders or director or both.
For Private Company minimum 2 subscribers and 2 directors are required.
In public Company minimum 7 subscribers and 3 directors are required.
Agree with Charu.......
Any no. of promoters may initiate the process to incorporate any type of company. even one or more. Rest as Charu and Pratap said.
yes promoter may be a single person
thankyou friends...
Minimum 2 persons required to incorporate private company.
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