Companyact
ankita gupta (job) (200 Points)
07 November 2016
A company can be a promoter of any co., if yes then in ehich situation??
ankita gupta (job) (200 Points)
07 November 2016
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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