11/10/2014
>Managing agent is related to joint stock companys Managing buddy.Company employed this kind of person for minimizing the cost but making profit.
>Promoters we mean entity who plans a project ,run a new firm and selles his ideas to others.
>if any company has no bank balance,No assests,or property then company will dissolute.
>Guarranty and warranty are SYN.its meaning is same but Guarranty means if selling products become unuseful then company will repair it without money .
warranty is the same meaning described above .but will take money .Source issue(Oxford Dictionary pages 570 & 1458).