Join Our WhatsApp Channel for Updates!
ELEMENTS OF COMPANY LAW
| Institution | UNIVERSITY |
| Course | Diploma in Cooperati... |
| Year | 1st Year |
| Semester | Unknown |
| Posted By | stephen |
| File Type | |
| Pages | 13 Pages |
| File Size | 580.56 KB |
| Views | 2739 |
| Downloads | 0 |
| Price: |
Buy Now
 Buy via
whatsapp
|
Description
Promotion is conducted by persons who come up with the idea to form a company. A promoter is the person who conceives the idea of forming a company and who undertakes, does and goes through all the formalities and incidental preliminaries of incorporation. Legal position of the promoters A promoter is not an agent of the company during formation because the principal (company) does not legally exist. A promoter is not a trustee of the company during formation because the beneficiary doesn’t exist. Promoters are fiduciaries of the company with regard to formation. They have on their hands the creation and molding of the company. This is an equitable relationship based on trust, confidence and good faith. It imposes upon the promoter certain equitable or fiduciary obligations.
Below is the document preview.
BAC412: ENTREPRENEURIAL FINANCE
Trending!
Entrepreneurial Finance is designed to help students and/or managers make better investment and financing decisions in entrepreneurial settings. The course covers all stages of the process, from startup to harvest. Though the course is called Entrepreneurial Finance, it differs in philosophy and style from a course like corporate Finance
156 Pages
2437 Views
1 Downloads
3.27 MB
BBA402: MANAGEMENT OF INTERNATIONAL BUSINESS AND ORGANISATIONS
Trending!
Detailed notes on management of international business and organisations
2823 Views
1 Downloads
1.12 MB
BAC413: INTRODUCTION TO MARKETING OF FINANCIAL SERVICES
Trending!
Detailed notes on ontroduction to marketing of financial services
35 Pages
2453 Views
1 Downloads
947.59 KB
JIGS AND FIXTURES
Trending!
Latest notes on jigs and fixtures
22 Pages
2505 Views
0 Downloads
17.88 MB
ASSEMBLY AUTOMATION
Trending!
This course contains detailed notes on assembly automation
9 Pages
2030 Views
0 Downloads
1.76 MB
STATE VARIABLE METHODS
Trending!
This course contains detailed notes on state variable methods
44 Pages
2001 Views
0 Downloads
359.63 KB
COMS 101 : COMMUNICATION SKILLS CLASS NOTES
Trending!
As a human being, you have to communicate because communication helps you
relate effectively with other human beings. Human beings depend on their
communication skills to help them meet their needs, find happiness and attain
personal fulfilment.
66 Pages
5117 Views
2 Downloads
1.09 MB
BBA 201: UNDERSTANDING MARKETING AND THE MARKETING PROCESS
Marketing is the process of communicating the value of a product or service to customers. From a societal point of view, marketing is the link between a society’s material requirements and its economic patterns of response. Marketing satisfies these needs and wants through exchange processes and building long term relationships.
1650 Views
0 Downloads
145.21 KB
BBA 111: INTRODUCTION TO BUSINESS STUDIES
Trending!
A business (also known as enterprise or firm) is an organization engaged in the trade of goods, services, or both to consumers.[1] Businesses are predominant in capitalist economies, where most of them are privately owned and administered to earn profit to increase the wealth of their owners. Businesses may also be not-for-profit or stateowned. A business owned by multiple individuals may be referred to as a company.
3199 Views
0 Downloads
290.56 KB