Legal Question in Business Law in Malawi

In company law, if one is a subscriber to the memorandum of association doesn't that mean he/she is a shareholder too?


Asked on 7/14/13, 1:16 am

1 Answer from Attorneys
Fca Prashant Chavan Expert Edge LLP

13.07.2013

Dear Sir / Madam,

A subscriber to the Memorandum and Articles of Association is a promoter of the Company and he / she has to hold the prescribed minimum shares

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Answered on 7/14/13, 2:21 am


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