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Pre-Incorporation Contracts in Company Law by Binod Raj Subedi is a document available to read on EtoBox.

What is Pre-Incorporation Contracts in Company Law about?

The document discusses Pre-Incorporation Contracts (PIC), which are agreements made by promoters on behalf of a future company before its legal existence. It outlines the legal status of such contracts, emphasizing that they are not binding on the company and that promoters bear personal liability. Additionally, it covers the processes of endorsement, ratification, and provisional contracts as per the Companies Act, 2006, detailing the implications for promoters and the company regarding liability and contr

Author

Binod Raj Subedi

Language

EN