X on the instructions of the promoters of a proposed company prepared the memorandum and articles of association and got the company registered. X claims his costs from the company. The com pany refuses to pay. Will X succeed?
Dear Student,
X claims his costs from the company. The company refuses to pay the same is wrong. X will succeed because the liability to pay the memorandum and articles of association fees is upon the company and its promoters.
Regards
X claims his costs from the company. The company refuses to pay the same is wrong. X will succeed because the liability to pay the memorandum and articles of association fees is upon the company and its promoters.
Regards