Question

explain in detail the role of promoter in the formation of a joint stock company​

Answer 1

Explanation:

Promoter plays a pivotal role in the promotion of a company. He conceives the idea of business enterprise, analyses its prospects, works out a tentative scheme of organisation, brings together the requisite men, material, machines and money and starts the enterprise.

Hope it's helpful (◍•ᴗ•◍)❤

Answer 2

Promoter plays a pivotal role in the promotion of a company. He conceives the idea of business enterprise, analyses its prospects, works out a tentative scheme of organisation, brings together the requisite men, material, machines and money and starts the enterprise.