Industrial Enterprise in India. IB

In recent years many writers have written excellent treatises on the development and organization of the various industries in India, but in very few of these studies has sufficient atten tion been paid to the details of their organization. The import ant activities of the managing agents, who virtually dominate industrial enterprise in India, their functions as the main providers and guarantors of industrial finance, their recent malpractices and abuses and, finally, their conflicts with shareholders and directors are subjects which need to be carefully studied by everyone interested in the industrial development of India. In the present work, an attempt has been made to cover these rarely discussed matters as also the allied subject of mushroom and fraudulent companies. I have also dealt with the recent phenomenal growth of private joint-stock companies and the economic significance of the provisions of the new Indian Companies' Amendment Act. How far my study fills up a gap in the recent economic lite rature on these subjects, it is for my readers to judge.