Rector example sentences
When minimum subscription has been received and certain legal formalities on the allotment of shares have been duly complied with, the directors of the company proceed to make the allotment of shares.He wasn t exactly a boy ; he was in his early forties, having entered the studios years ago in the hope of becoming a star actor or a top screen writer, director or lyrics writer.In such a condition, three alternatives are available to the directors to deal with the situation: (1) they can accept some applications in full and totally reject the others; (2) they can make a pro-rata allotment to all; and (3) they can adopt a combination of the above two alternatives which happens to be the most common course adopted in practice.That is why important items like the appointment of a new managing director, signing of contracts or changes in personnel are not shown in the books of accounts.Too many formalities make the procedure time consuming and expensive; Certain restrictions such as restriction on dividend payment are imposed on the powers of the borrowing company by the financial institutions; Financial institutions may have their nominees on the Board of Directors of the borrowing company thereby restricting the powers of the company.The importer then proceeds to obtain the import licence, if required, from the office of the Directorate General Foreign Trade (DGFT) or Regional Import Export Licensing Authority.The Articles of Association of a company usually empower the directors to change interest at a stipulated rate on calls in arrears.There is a managing director assisted by a general manager and several department managers; A departmental store combines both the functions of retailing as well as warehousing.First Alternative : When the directors decide to fully accept some applications and totally reject the others, the application money received from rejected applications is fully refunded.The importer can gather such information from the trade directories and/or trade associations and organisations.In the event of shares not being fully called-up till the completion of allotment, the directors have the authority to ask for the remaining amount on shares as and when they decide about the same.The directors can either cancel or re-issue the forefeited shares.He was appointed as the Director of the Bureau of Weights and Measures.Consider the following examples: A supervisor explains a worker about operations to be carried by him on a lathe machine, A mining engineer explains about safety precautions to be followed while working in a coal mine, A Managing Director declares share in the profits to the managers for their contribution to inhance profits of the company, and A manager inspires his/her employees by playing a lead role in performing a work.In 1895 he was appointed professor of physics at the newly formed University of Stockholm, serving its rector from 1897 to 190 From 1905 until his death he was Director of physical chemistry at the Nobel Institute in Stockholm.
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