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Can the company ratify the pre-incorporation contracts entered by persons other than promoter or subscribers to the memorandum?
Yes, a company can ratify pre-incorporation contracts entered into by persons other than promoters or subscribers to the memorandum, provided that the company adopts these contracts after its incorporation. However, the ratification must be done formally through a resolution, and the company must have the capacity to fulfill the obligations outlined in those contracts. It's important to note that the individuals who entered into the contracts may still retain personal liability unless the company explicitly assumes those obligations.
What else can I help you with?
What does a record company promoter do?
A record company promoter is best known for promoting a business, writing up and dealing with contracts and booking shows through various venues and gigs.
Can a company be a promoter of another company?
Yes, there are definitely cases where a company can be a promoter of another company and there are also opportunities for one company to get another company work contracts through the use of coordinated promotion efforts. These networks allow smaller companies to get more work. For an example check the link below.
What is The opposite meaning of Promoter?
The opposite of a promoter is a detractor, someone who undermines or speaks against something.
What is the Relationship between promoter and a company?
relationship between a company and a promoter is fiduciary .He is bound to disclose all the accounts and other contracts he entered into before incorporation of the company to an independent and competent board of directors so that he may be held accountable for any ill gained profits and may be held accountable for them before the board.
How do you get a dragon call promoter?
dragon promoter names
Where does transcription start in a prokaryotic promoter?
Transcription in a prokaryotic promoter starts at the DNA sequence called the "promoter region."
What are the differences between the SV40 promoter and the CMV promoter in terms of their functionality and efficiency in driving gene expression?
The SV40 promoter and the CMV promoter are both DNA sequences that control the expression of genes. The SV40 promoter is smaller and less efficient than the CMV promoter in driving gene expression. The CMV promoter is commonly used in research and biotechnology due to its high efficiency in promoting gene expression.
What is the role of promoter companies act 1956?
THE ROLE OF PROMOTER IN INCORPORATION
What is the duties and responsibilities of sales promoter?
what is the duties and responsibilities of sales promoter
Company promoter and duties of promoter?
The promoter is a business term.it is used to describe the person or person who initially take all necessary steps to form a company with reference to a given object and set it going. "According to L.H haney promotion may be defined as the process of organization and and planing the finance of a business enterprise under the corporate form". Duties of promoter:- The main duties of a promoter are as follow: 1) To discover an idea for establishing a company. 2) To make detailed investigation about the demand for the product, availability of power labour raw material, etc. 3) To find out suitable persons who are willing to act as first directors of the company and are ready to sign on the memorandum of association. 4) To select bank, legal advisor,auditors,underwriters for the company. 5) to prepare essential documents of the company.
How can you find a promoter for your drama company?
If you suck your toes you will instantly find a promoter.
When was Mammalian promoter database created?
Mammalian promoter database was created in 2010.
