cover image: The Eastern Economist  July 25  1952

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The Eastern Economist July 25 1952

1952

The argument has been curious in this case and ran to the effect that because the specfication of a date for the exercise of executive authrity often leads to negligence in assessing the need for continuance or termination of the powers it was best not to have a time-limit at.all! The power was secured in 1950 under the special conditions then prevailing and the time-limit till 1st March [...] 7 00 000 being part of the undivided profits of the company standing at the credit of the Reserve Account be capitalised and that this amount be utilised as a capital bonus which shall be applied on behalf of the persons who are on 13th August 1952 'holders of the 70 000 issued ordinary shares of the Company of Rs. [...] (c) That the draft of the Agreement providing for the allotment of the said new ordinary shares in satis} faction of the said capital bonus submitted to this meeting and signed in the margin by the Chairman by way of identification be and the same is hereby aproved and that the Directors be authorized to affix the Common Seal of the Company to duplicate engrosment of such agreement and that [...] 4 tors on the Board of the Corporation (ii) reserving to itself the right to approve of the nomination of the Chairman of the Board of Directors of the Corporation to appoint the Managing Director and to fix his rmnueration (iii) appointing auditors for the Corporal tion (iv) requiring the Corporation to obtain previous approval of the Central Government in respect of all regulations to be [...] The terms and conditions of granting of the loans were more 'or less the same in all cases with slight modifications according to the nature and value of the security offered the experience arid standing of the management and the type of idustry concerned.
commerce industry
Pages
43
Published in
India
SARF Document ID
sarf.120077
Segment Pages Author Actions
Frontmatter
113-113 E.P.W Da Costa view
The Fundamentals of Finance
113-114 E.P.W Da Costa view
Concord on Kashmir
115-115 E.P.W Da Costa view
Response on Food Prices
116-116 E.P.W Da Costa view
The Week’s Notes
117-120 E.P.W Da Costa view
Worldgram
121-124 E.P.W Da Costa view
News in Brief
125-126 E.P.W Da Costa view
Building a New Society
127-129 S.K Dey view
The Growth of Food Stocks
129-130 E.P.W. Da Costa view
The World Abroad
131-132 E.P.W. Da Costa view
Overseas Reports
132-134 E.P.W. Da Costa view
A Delhi Diary
135-136 E.P.W. Da Costa view
The Business World
137-140 E.P.W. Da Costa view
Business Notes
141-141 E.P.W. Da Costa view
Shorter Notes
142-142 E.P.W. Da Costa view
Commodity News and Notes
143-143 E.P.W. Da Costa view
Company Affairs
144-147 E.P.W. Da Costa view
Current Statistics
148-152 E.P.W. Da Costa view

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