1.

Batra Pvt. Ltd., the known group of promoters submitted anapplication to the registrar of companies for the approval of the namefor cosmetic manufacturing company. They selected “Avon Ltd.” as thename of the company so as to increase the sales of the newly openedcompany, as it will be benefited by the name of already existingcompany.(a) Which function of promoter is being referred here?(b) Who selects the name for the company?(c) Would the proposed name be accepted by the Registrar ofCompanies?

Answer»

EXPLANATION:

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