dominant promoters group
This query is : Resolved
29 June 2016
who is dominant promoters group and what is definition of it?
29 June 2016
The dominant promoter group stipulation is applicable in case of partnership firms, private limited companies and unlisted public companies. As per this stipulation, a group of not more than 4 individuals (who directly / indirectly hold more than 51% of capital in the firm / company) need to be identified as the key promoters of the entity.
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