Prospectus And Memorandum of Association
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(c) Share certificates will be issued within 12 months from the date of allotment.
MANAGING AGENTS AGRBEMBNT.
The Articles of Association of the Company provide that the Upper India Industrial Development Company are to he, the first Managing Agents of the Company for a priod of thirty years from the date of. the incorf)oration pf the Conapany ( 5 ) upon the t,^|q^ embodied in. the Agrefment to bp^executed by the Directors. The remunteration ot^ the Managihg 'Agents under the Agreement will be ...U^^ 500 per month for the first twelve months aijS rising to Rs. 1,000 per mensem in two years by annual increrbeht %£ Rs 250; this increament is subject' to the company, being in a position to declare a. dividend of 12 ^ p a. or above, with a commission of 10 per cent on ^he nett profits of the Ooaapany, after dedwcting depreciation, interests on debentures^ or othei;, loans but before taking any thing to reserve or other special accounts and a Commis- sion of 2. per cent on all purchases made *on behalf of the Goinpany.
What to read after Prospectus And Memorandum of Association?
You can find similar books in the "Read Also" column, or choose other free books by National Dairy And Agricultural Farms, Ltd., Lucknow to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
(c) Share certificates will be issued within 12 months from the date of allotment.
MANAGING AGENTS AGRBEMBNT.
The Articles of Association of the Company provide that the Upper India Industrial Development Company are to he, the first Managing Agents of the Company for a priod of thirty years from the date of. the incorf)oration pf the Conapany ( 5 ) upon the t,^|q^ embodied in. the Agrefment to bp^executed by the Directors. The remunteration ot^ the Managihg 'Agents under the Agreement will be ...U^^ 500 per month for the first twelve months aijS rising to Rs. 1,000 per mensem in two years by annual increrbeht %£ Rs 250; this increament is subject' to the company, being in a position to declare a. dividend of 12 ^ p a. or above, with a commission of 10 per cent on ^he nett profits of the Ooaapany, after dedwcting depreciation, interests on debentures^ or othei;, loans but before taking any thing to reserve or other special accounts and a Commis- sion of 2. per cent on all purchases made *on behalf of the Goinpany.
What to read after Prospectus And Memorandum of Association?
You can find similar books in the "Read Also" column, or choose other free books by National Dairy And Agricultural Farms, Ltd., Lucknow to read onlineMoreLess
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