Promoter definition clarifies identification by prospectus, annual return, control, or board influence; professional advisors excluded. Promoter denotes persons named in a prospectus or identified in the annual return, persons exercising control over company affairs as shareholder, ... Summary
Promoter definition clarifies identification by prospectus, annual return, control, or board influence; professional advisors excluded.
Promoter denotes persons named in a prospectus or identified in the annual return, persons exercising control over company affairs as shareholder, director or otherwise, and persons whose advice or directions the board habitually follows, with an exclusion for individuals acting solely in a professional capacity.
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