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Answer Posted / monu aggarwal,b.com,accountant
Promoters are thats,who make ideas for a company,search
location,collect the capital,found the plant,& appoint the
able manager for manage the company.
A promoter may be a director,a manager,a owner,a president
etc.
A promoter can get some money for his services as a salary
or as a part of profit.
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