Comments on: Promoter – Meaning, Role, Legal Position, Duties

By: Trish

Trish — Fri, 26 Jul 2019 03:46:19 +0000

Very well explained. Thanks

By: bbamantra

bbamantra — Tue, 12 Dec 2017 09:18:36 +0000

In reply to Alex009. Yes, Of course, Provided that the said company is a one person company

By: Alex009

Alex009 — Sun, 10 Dec 2017 14:49:39 +0000

Can Promoter/Founder authorized to sign the company documents especially – Share Certificated, Share Letters to Directors?
If not, Can a Promoter/Founder be appointed as Chairman of the company and be authorized signatory to sign all documents of the company including the AGMs, Minutes of the Board of Directors, Director’s appointment Letters? etc.

thanks for your help!

By: Revathi

Revathi — Mon, 23 Oct 2017 17:20:51 +0000

Very useful information… Very Thankful to y.
But liabilities extent not specified. Kindly provide further details…

By: bbamantra

bbamantra — Sun, 15 Oct 2017 09:09:18 +0000

In reply to Chandrareddy. Directors are liable in their individual capacity. For a detailed analysis you must hire a legal consultant.

By: Chandrareddy

Chandrareddy — Fri, 13 Oct 2017 16:01:41 +0000

In reply to Anand.

I am sorry
My question is my name is there in the list of promoters submitted to BSE
But I am not involved in business
If the other promoters and a director fails to submit the compliance’s to Bse then what is my liability

By: joseph mauti

joseph mauti — Sun, 02 Apr 2017 08:13:30 +0000

Very helpful….especially duties an renurations to promoters and definition …thanks.

By: Anand

Anand — Wed, 28 Dec 2016 18:15:28 +0000

Information provided regarding promoter is amply clear & informative dose not need further clarification. Thanks a ton

By: Kavinder kr

Kavinder kr — Sat, 24 Dec 2016 01:26:03 +0000

Very nice & interesting
Thanks a lot

By: Joel

Joel — Thu, 01 Dec 2016 16:21:47 +0000

nice it helped me a lot.

thanks