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Question
Select the correct answer from the options given below and rewrite the statement:
___________ Refers to contracts entered into by the promoters on behalf of a proposed company.
Options
pre-incorporation / preliminary contracts
fiduciary contracts
memorandum of association.
Solution
pre-incorporation / preliminary contracts refers to contracts entered into by the promoters on behalf of a proposed company.
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RELATED QUESTIONS
Explain the following term/concept.
Certificate of Incorporation
Explain the following term/concept.
SPICe.
Answer in brief.
State the importance of a Certificate of Incorporation.
Justify the following statement.
Every Company on incorporation gets a CIN
Justify the following statement.
Promoters play an important role in the formation of a company.
Answer the following question:
Explain briefly the steps involved in the incorporation of a company
