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minimum of two promoters should be there in a company
Promoters are the pioneer investors of a company. It can be said that due to the promoters the company has come this far. So, promoters do deserve some credibility and they get goodwill. Goodwill is debited and the promoters capital is credited. Thus, the promoters don't bring in cash for their increased share. But if, the goodwill has already been created before and the promoters have got their share, promoters need to bring cash for additional share.
Ranbaxy
Yes Why Not
i want to get some information about the debenture cases. thank you
iam investment
The promoters of the company that is going public through the IPO
Christina Gorna has written: 'Company law in a Nutshell' -- subject(s): Corporation law, Cases
The TATAs are the promoters and the public including the TATAs are the owners as it is a public limited company.
John Thomas Mulligan has written: 'Law of corporations' -- subject(s): Corporation law, Promoters
What are the scientific word promoters?
It is certainly a financing activity to the business or company. Just like debentures taken or any other source of financing. it is in a way money owed by the business to the promoters or shareholders to finance the company's activities. however, to the shareholders or promoters of a business it is an investing activity