BUY COURSES
APP 1FIN
Pre incorporation contracts
Can a company adopt pre incorporation contract? And if adopts, whether promoter is personally liable or the company?
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shanmuk shannu
CA Inter
★ 5K+
11-Nov-20 09:59
24
Answers (2)
Company can adopt the pre incorporation contracts. If adopted the promoters are discharged from being personally liable in respect of the pre-incorporation contract.
Nithish Kumar
11-Nov-20 10:15
Thank you
11-Nov-20 11:10
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