Companyact
ankita gupta (job) (200 Points)
07 November 2016
A company can be a promoter of any co., if yes then in ehich situation??
2 Replies
Pratik Shah
(Practising Company Secretary)
(4432 Points)
Replied 07 November 2016
Yes, it can be a promoter of another new company. At the time of Incorporation of new company, an existing company can subscribe MOA.
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