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THE ROLE OF PROMOTER IN INCORPORATION

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Q: What is the role of promoter companies act 1956?
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What is Promoter's capital contribution as per Companies Act 1956?

Promoters are the overall controllers of the companies. They are instrumental in formulation of a plan or a program pursuant to which securities are offered to the public.


How many sections are there in companies act 1956?

There are 658 sections in Companies Act, 1956 in total.


What is the Indian companies act?

1956


List of companies registered under companies act 1956?

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List of companies in lucknow under Act 1956?

I know one company which is registered under sec-25 of the companies act 1956, its Bhartiya Micro Credit


Definition of promoter in companies act?

As per the new companies Bill. The new definition says any person who has control over the affairs, directly or indirectly, whether as a shareholder, director or otherwise, or in accordance with whose advice, directions or instructions the board of directors is accustomed to act, will be considered its promoter.


Where you have to go for registration of company under companies act 1956?

To the registrar of companies and have to file the required documents as per the act


List of MLM companies in under Act 1956?

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How many schedules are there in companies act 1956?

14 schedules


Balance sheet as per companies act 1956 part 1 sedule 6?

I want company balance sheet as per schedule 6 part1 of the companies act. 1956.


Which companies can use the word limited?

Only Public Companies as defined in Section 3(i)(iv) of companies act 1956 can use word limited in their name.Private Companies sh Only Public Companies as defined in Section 3(i)(iv) of companies act 1956 can use word limited in their name.Private Companies shall use private limited at the end of their name and it is optional for the companies registered under section 25 of the Companies act 1956 to use word limited.


What Is the rate of Depreciation as per companies act 1956 on computer server?

The Rate of Depreciation on Computer as per Companies Act is 40%