One of the chief features of the Report is the fact that crop proceeds exceeded £1 000 000 for the first time in the history of the Company. [...] The allocations proposed will have the effect of replacing to General Reserve the amount withdrawn the previous year and the start of a special Reserve Fund against the redemption of the Finance Notes. [...] In conclusion I wish to record the Directors' appreciation of the work of the Eastern Staff both European and Indian and the labour forces as well as the efforts of the Calcutta Agents and the Board's Adviser Mr. [...] books of account have been kept by the Company ive the information required by the Companies Act 19.18 oss Account gives a true and fair view of the profit for the year in the manner so required and the Balance Sheet ended on that date. [...] for the following purposes :— To receive and pass the Directors' Report and Accounts for the year ended 31st December 1949 To declare a Dividend To elect Directors To fix Auditors' Remuneration and to transact the ordinary business of the Company.
- Pages
- 12
- Published in
- United Kingdom
- SARF Document ID
- sarf.147394