The promotion-era contracts: the promoter's preparations — property options, professional engagements, the pre-launch borrowings. The law's position: made before the companyexists, they cannot bind it at formation (no principal yet); the promoter is personally liable (the contracting party), with the company's later adoption (novation) transferring the benefit and burden — the adoption must be the company's own act (the board's resolution within power), not a mere assumption of benefits; the disclosed promotion agreements (2.2's discipline) survive as the company's contracts if properly taken over.
3.2 Preliminary Contracts entered into by Promoters
यो उत्तर युनिट 3 मा छ — सुरुवात निःशुल्क, पूरा उत्तर प्याकेजमा।
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यहीँबाट पूरा उत्तर
यो उत्तर The promotion-era contracts: the promoter's preparations… … बाट अगाडि बाँकी छ। प्याकेज सक्रिय गरेपछि यही पेजमै पूरा पढ्न पाइन्छ — PDF छैन, अनलाइनमा मात्र।
- रु. ३०० · ३० दिन · एउटा प्याकेज
- हरेक विषयको पहिलो युनिट निःशुल्क
- फोनमै पढ्ने, बुकमार्क राख्ने
पहिले निःशुल्क युनिट पढेर हेर्नुहोस् — नहेरी किन्नु पर्दैन।
यही युनिटका अरू उत्तर
- 3.1 Meaning of Corporate Contract and its Limitation
- Who is bound by a contract made before a company's incorporation?
- Explain with the promoters' liability.
- Explain the limitations on a company's contracting power.
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