Definition of promoter 1 : one that promotes especially : one who assumes the financial responsibilities of a sporting event (such as a boxing match) including contracting with the principals, renting the site, and collecting gate receipts.
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What is promoter and its example?
Definition. noun, plural: promoters. (chemistry) A substance that is capable of increasing the activity of a catalyst to increase the rate of reaction. (chemistry) A chemical that is supposed to promote carcinogenicity or mutagenicity.
Who are promoters?
A promoter is broadly defined as someone who encourages or incites a certain behavior. In corporate law, a promoter is the founder or organizer of a corporation or business venture; the person who takes the initiative to create or organize a business.
What is another term of promoter?
advocate. nounperson supporting an idea or cause publicly. apostle. attorney. backer.
What is promoter and its function?
What is a promoter? A promoter is a person or a group of people who come up with an idea of forming a profitable business venture. After the idea is conceived, the promoters make initial investigations to discover the plan’s pros and cons. They also calculate working capital needs, estimated costs and potential income.
Who is promoter Class 11?
A promoter is that person who takes up the initiative of forming a company based on the business idea and takes the necessary steps to ensure the purpose is met.
What are the types of promoters?
Kinds of Promoters:
- Professional Promoters: These are the persons who specialise in promotion of companies.
- Occasional Promoters: These promoters take interest in floating some companies.
- Financial Promoters: Some financial institutions of financiers may take up the promotion of a company.
- Managing Agents as Promoters:
What are the powers of promoter?
Duties of a Promoter:
- Duty of Disclosure:
- Duty not to make secret profits:
- Duty as regards Prospectus:
- Right of indemnity:
- Right to receive preliminary expenses:
- Right to remuneration:
- Right to recover, proportionate amount from co-promoters:
- First Director by the article:
What is promoter group?
promoter group as under: (za) “promoter” includes: (i) the person or persons who are in control of the issuer; (ii) the person or persons who are instrumental in the formulation of a plan or.
What makes a good promoter?
Promoters are charismatic, flexible, persuasive, and highly diplomatic. They love being with, talking to, and getting to know others.
What is the opposite of promoter?
Opposite of a supporter of a cause, aim, or person. adversary. antagonist. opponent. rival.
What do you mean by promoter explain any 2 features?
“A promoter is the one who envisages an idea for setting up a particular business at a given place and carries out a variety of formalities required for starting a business.” A promoter is the one who envisages an idea for setting up a particular business at a given place and carries out a variety of formalities
What is promoter law?
Under the common law, a person may be a promoter ‘who (merely) arranges for someone to become a director, or placement of shares, or negotiates preliminary agreements’ for the purchase of property by the company.
What are the functions of a promoter Class 11?
Functions of Promoter
- Identification of business opportunity.
- Feasibility studies.
- Name approval.
- Fixing up Signatories to the Memorandum of Association:
- Appointment of professionals:
- Preparation of necessary documents:
What is promoter in biology?
A promoter, as related to genomics, is a region of DNA upstream of a gene where relevant proteins (such as RNA polymerase and transcription factors) bind to initiate transcription of that gene. The resulting transcription produces an RNA molecule (such as mRNA).
Is promoter the owner of a company?
A promoter is a person who is involved in the business and has a stake in its success. This may be someone who owns part of the company or an investor who has put money into the company’s equity. In addition to owning shares, promoters also have other responsibilities in the business.
Who is promoter mention it in functions?
“Promoter is one who undertakes to form a company with reference to a given object and to set it going, and who takes the necessary steps to accomplish that purpose.” According to Guthmann and Dougall. “Promoter is the person who assembles the men, the money and the materials into a going concern.”
Who is promoter of company examples?
Examples of such promoters in company law include engineer, architect, lawyers, etc. Financial promoters: Some financial companies may take up the work of financial promotion of a company depending on the situation of the market.
Who can become promoter?
Who are the promoters of a company? A promoter of a company is a person or a group of persons who came together with the objective of setting up a business. The promoter can be an individual, a firm or an association of artificial legal persons.
What is a promoter India?
In principle, “promoters” denotes those persons that were instrumental at the time of establishing the company and those who are in control of the company, for example through shareholdings and/or their management position. “Non-promoters” refer to other shareholders, including minority shareholders.
What is RNA promoter?
A promoter is a region of DNA where RNA polymerase begins to transcribe a gene. Normally, promoter sequences are typically located directly upstream or at the 5′ end of the transcription initiation site (Lin et al., 2018).