What is duty of promotres how incoperate company?

The duty of promoters is to ensure the successful establishment and incorporation of a company, often involving tasks such as drafting the company's memorandum and articles of association, securing necessary approvals, and organizing initial funding. They must act in good faith, disclose any conflicts of interest, and ensure that all legal requirements for incorporation are met. Once the company is formed, promoters may transition into directors or other roles, depending on the company's structure and needs. Their role is critical in laying the foundation for the company's operations and governance.