It is crucial to know the meaning of “subscriber” in the context of the company before the incorporation. It helps to form the proper team of promoters and first investors of the company.
A Subscriber means any person who subscribes the share of the company when the company is incorporated. They are the first shareholders of the company. The details of subscribers are mentioned in the MOA and AOA of the company. Thus they are also known as the subscriber to memorandum of association.
Read More :- Subscribers of MOA & AOA during incorporation of a Company
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