What is the legal position of a promoter of a company?
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°°°°°°°©©Promoters;;;;; are deeply involved in incorporation process of company so a pertinent question arises what is the legal position of the promoters in the company. Promoters are not agents as before incorporation the company is non est (does not exist) in the eye of law so there can be no principal.©©°°°°°°
€€€HOPE ITS HELPFUL$$$$$
°°°°°°°©©Promoters;;;;; are deeply involved in incorporation process of company so a pertinent question arises what is the legal position of the promoters in the company. Promoters are not agents as before incorporation the company is non est (does not exist) in the eye of law so there can be no principal.©©°°°°°°
€€€HOPE ITS HELPFUL$$$$$
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