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Write a word or a term or a phrase which can substitute the following statement. Persons who undertake the necessary steps to set up a company. - Secretarial Practice

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Question

Write a word or a term or a phrase which can substitute the following statement.

Persons who undertake the necessary steps to set up a company.

One Word/Term Answer

Solution

Promoters

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Formation of a Company
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Chapter 3: Formation of a company - Exercise Q.1 [Page 44]

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Balbharati Secretarial Practice [English] 11 Standard Maharashtra State Board
Chapter 3 Formation of a company
Exercise Q.1 | Q 3.2 | Page 44

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The Birth Certificate of a company.


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A company is an artificial person.


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Promoters are persons who take the necessary steps to set up a company.


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Every Director has to quote his DIN while giving his consent to be a Director of a company.


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