8 Replies
CS Rashi Jain
(Practicing Company Secretary @ RASHI JAIN & ASSOCIATES)
(1295 Points)
Replied 23 August 2019
CS Rashi Jain
(Practicing Company Secretary @ RASHI JAIN & ASSOCIATES)
(1295 Points)
Replied 24 August 2019
Shivam RC
(Student)
(23683 Points)
Replied 24 August 2019
Chirag
(Professional)
(1979 Points)
Replied 24 August 2019
sahil kant
(22 Points)
Replied 25 August 2019
Chirag
(Professional)
(1979 Points)
Replied 25 August 2019
Promoter - In general sense, Promoter is a person who conceive the idea of Business, Do all preliminary works like Drafting, Vetting, Filing and giving status to Such business as company, However Statutory definition is little tricky, Which says, Every Person Whose Name is entered into Prospectus as Promoter, or in Annual Return, Who controls over the affairs of the company Whether as Member or Director Or BOD Accustomed to act according to his advice.
shareholder ,Who either subscribe shares of company and agree in writing to become member of the company, Including First subscribed to Memorandum, And any person become member due to transfer /transmission or by virtue of new issue, (Name to be entered into Register of Member (MGT-1) or name appeared in Depository as Beneficial owner.
Subscriber - The person(s) Who signs Memorandum of Association("MOA"), Are called First subscriber to MOA and thereafter every future member shall be deemed to subscriber of MOA
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