COMPANY FORMATION,
PROMOTERS AND PRE-
INCORPORATION CONTRACTS
Chapter 5 of the Subject Guide
,PROMOTERS
, PROMOTERS
He is a person responsible for forming a company and it is a
question of fact depending upon the role he has played.
Typically the process of promotion involves:
i. Registration of the Company; and
ii. Negotiating ‘pre-incorporation contracts’ etc.
The company’s constitution is normally drafted by a professional
adviser and he is not a promoter simply because of this drafting
[Re Great Wheel Polgooth Co.]
PROMOTERS AND PRE-
INCORPORATION CONTRACTS
Chapter 5 of the Subject Guide
,PROMOTERS
, PROMOTERS
He is a person responsible for forming a company and it is a
question of fact depending upon the role he has played.
Typically the process of promotion involves:
i. Registration of the Company; and
ii. Negotiating ‘pre-incorporation contracts’ etc.
The company’s constitution is normally drafted by a professional
adviser and he is not a promoter simply because of this drafting
[Re Great Wheel Polgooth Co.]
