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Question:

What is the role of promoters in the formation of a company?

Answer:

Promoters are individuals or groups who play a pivotal role in the formation of a company. They conceive the business idea and take essential steps to establish the company, such as conducting feasibility studies, arranging necessary resources, and preparing crucial legal documents like the Memorandum of Association and Articles of Association. Additionally, promoters ensure compliance with all legal requirements to incorporate the company, acting as the driving force behind its creation.


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  • 4 months ago

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  • Answered by Ekta Mehta
  • 4 months ago

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  • Answered by Ekta Mehta
  • 4 months ago

Taking Screenshots on your Samsung Galaxy M31s is very easy and quick.

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