Q.State any four functions of a promoter.

A promoter's work spans everything from the first feasibility check to signing the earliest contracts on the future company's behalf.

A promoter performs several distinct functions before a company can be registered. Four of these are:

1. Feasibility study — investigating whether the proposed business idea is technically workable, financially sound, and commercially viable before committing further effort to it.
2. Name approval — deciding on a suitable name for the proposed company and applying to the Registrar of Companies for its reservation, ensuring it does not clash with an existing company's name or a registered trademark.
3. Drafting the Memorandum and Articles of Association — arranging for these two founding documents to be prepared so that they correctly reflect the company's proposed objects, capital and internal rules.
4. Appointing the first officers — settling who will act as the company's first directors, and making initial arrangements with its bankers, auditors and legal advisers. …

Some students list functions that actually belong to the Incorporation stage itself (such as "obtaining the Certificate of Incorporation") as if they were the promoter's own functions — obtaining the certificate is the Registrar's …