Question

who is promoter. explain all the different types of promoters​

Answer 1

Answer:

A promoter may be a individual, firm, association of persons or a company. The persons who assist the promoter in completing various legal formalities are professional people like Counsels, Solicitors, Accountants etc. and not promoters.

Answer 2

Answer:

Promoters are those that promotes us from one class to another.

Kinds of Promoters:

1) Professional Promoters: These are the persons who specialise in promotion of companies.

2) Occasional Promoters: These promoters take interest in floating some companies.

3) Financial Promoters: Some financial institutions of financiers may take up the promotion of a company.

4) Managing Agents as Promoters