Auditors Their Duties And Responsibilities Under the Companies Acts And Other
Auditors Their Duties And Responsibilities Under the Companies Acts And Other
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, ACTS. 119 account, it shall be lawful for such Company to furnish to the Board of Trade an estimate of the cost of prcjviding such appliances, executing such '\vorks, and carrying out such order generally, and thereupon the Board of Trade shall, upon the application of the Company, fix and determine the amount which would properly be capital expenditure, and the Company may from time to time issue Debentures or Debenture Stock in priority to or ranking pari passu with any existing Debentures ...or Debenture Stock of such Company bearing interest at a rate not exceeding ii^e per cent, per annum to an amount not exceeding the sum so paid and determined, and any money raised under the provisions of this section shall be a])plied in carrying out such requirements of the Board oi Trade, and to no other purpose whatsoever, and no other authority save the Certificate of the Board of Trade shall be requisite to authorise and validate the issue of such Debentures or Debenture Stock.
The G-asworks Clauses Act, 1847.
What to read after Auditors Their Duties And Responsibilities Under the Companies Acts And Other?
You can find similar books in the "Read Also" column, or choose other free books by Francis W Francis William Pixley to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
, ACTS. 119 account, it shall be lawful for such Company to furnish to the Board of Trade an estimate of the cost of prcjviding such appliances, executing such '\vorks, and carrying out such order generally, and thereupon the Board of Trade shall, upon the application of the Company, fix and determine the amount which would properly be capital expenditure, and the Company may from time to time issue Debentures or Debenture Stock in priority to or ranking pari passu with any existing Debentures ...or Debenture Stock of such Company bearing interest at a rate not exceeding ii^e per cent, per annum to an amount not exceeding the sum so paid and determined, and any money raised under the provisions of this section shall be a])plied in carrying out such requirements of the Board oi Trade, and to no other purpose whatsoever, and no other authority save the Certificate of the Board of Trade shall be requisite to authorise and validate the issue of such Debentures or Debenture Stock.
The G-asworks Clauses Act, 1847.
What to read after Auditors Their Duties And Responsibilities Under the Companies Acts And Other?
You can find similar books in the "Read Also" column, or choose other free books by Francis W Francis William Pixley to read onlineMoreLess
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