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प्रश्न
Answer the following question:
Promoters play an important role in the formation of a company. - Explain.
उत्तर
1) In the words of Justice Cockburn, a promoter is the one who undertakes to form a company with reference to a given project and sets it going and takes the necessary steps to accomplish that purpose. Promoters are the expert entrepreneurs and may have gained deep knowledge of related business activities. They bring together land, labor, capital, management skill, etc. and complete all the preliminary works to establish the company.
(2) They are the men of imagination and resources. They see the opportunities of business and grab them more easily. They conceive the idea of starting business, plan for the formation of the company, and actually bring the company into existence. Promoters play an important role in the formation of a company.
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संबंधित प्रश्न
Answer in one sentence.
Who is promoters?
Explain the following term/concept.
Promoters
Explain the following term/concept.
Promotion
Answer in brief.
Write a note on - Role of Promote
Answer in brief.
Draw the flow chart of steps in the promotion of a company.
Justify the following statement.
Certificate of Incorporation is like a Birth Certificate of a company
