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FINANCE
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PRIVATE AND PUBLIC LIMITED COMPANIES
Private Limited Companies.-—There were in all 17 'Private
Limited Companies in the Jalgaon district in 1956. The oldest of
these companies was registered as far as back as 1919, nine was registered during the Second War period, and the rest in the post-War period. A classification of the companies according to the nature of business transacted by them shows that as many as six of them are in manufacturing group, eight in trading group and three in the transport group.
A general description of these companies is given below:—
|
Type |
Number of
Companies | I. | Manufacturing— Textiles |
1 | Chemicals |
3 | Printing and Publishing |
1 | Oil Mill |
1 |
II. | Trading— Trading in cloth etc. |
5 | Cinema trade and distribution of films |
3 |
III. | Transport— Motor transport |
3 | Total |
17 |
The paid-up capital of these companies amounted to Rs. 6,94,000. The shareholders held among them 235 shares of ordinary, preferential and undeferred types.
Excepting the one about which information was not available, the remaining companies from the manufacturing group had a total paid-up capital of Rs. 1,75,050, whereas companies from the trading group and the transport group had paid-up capital of Rs. 4.25.550 and Rs. 94.000, respectively.
PUBLIC LIMITED COMPANIES.
Public Limited Companies incorporated in the district, other
than joint-stock banks, investment trusts, etc., numbered thirteen in
the year 1956. The Pratap Spinning, Weaving and Manufacturing Co.. Ltd.. registered in 1906 was the oldest amongst them. As regards other companies, one of them was registered in 1931, one in 1939, one in 1947 and the rest during the Second World War.
A classification of these companies according to the nature of business transacted by them shows that ten were in the manufacturing group, two belonged to the trading group and one to the insurance or finance group. The ten companies of the manufacturing type would be further classified as under:—
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Type. |
Number | Textiles |
2 | Chemicals and Manures |
2 | Printing and Publishing |
1 | Oil Mill |
1 | Saw Mill |
1 | Motion Picture |
1 | Public Utility (Electric Supply) |
2 |
The total paid-up capital of all the companies amounted to Rs. 40.02.037. while the manufacturing group accounted for the largest, that is, Rs. 36.00.747. The Pratap Spinning, Weaving and Manufacturing Mill had a paid-up capital of Rs. 30.00,000, Next in order were the trading companies and the Fund and Insurance Company with paid-up capital of Rs. 3,92,850 and Rs. 8,440 respectively
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