History of the Cape Colony before 1806 Reinet. The Netherlands fell to the French army under the leadership of Napoléon Bonaparte in 1795. Reacting to the weakness of the Dutch East India Company holdings, a British army under General Sir James Henry Craig set out for Cape Town to secure the colony for the Stadtholder Prince William V of Orange against the French. The governor of Cape Town refused at first to obey any instructions from the prince, but after the British threatened to use force, he capitulated. The boers of Graaff Reinet did not surrender until an army had been sent against them, and in 1799
Commercial paper in India Commercial Paper in Indian money market is an innovation in the Financial system of India. Prior to injection of Commercial Paper in Indian money market i.e. before 1990, the corporate companies had to depend upon the crude and traditional method of borrowing working capital from the commercial banks by pledging the inventory of raw materials as Collateral security. It involved more loss of time for the borrowing companies in availing the short-term funds for day-to-day production activities. The commercial paper has become effective instrument for these corporate companies to avail the short-term funds from the money market within shortest possible