Sicci (14 9 12)

SIR M. CT. MUTHIAH CHETTIAR 1922-28 Sir. M.Ct.Muthiah Chettiar was Sheriff of Madras and during his term in 1922 the Prince of Wales (later Edward the Eighth) visited Madras. A magnificent reception was accorded to the visiting prince by Sir M. Ct. Muthiah Chettiar who was the Chairman of the Reception Committee on the occasion. As a reciprocal gesture he was knighted and was given the title of “Sir� to be prefixed before his name. Sir M. Ct. Muthiah Chettiar was also well known for his business in banking and had established the M. Ct. Bank at Rangoon in Burma. He was also a Director of the Indian gradually built up the fortunes of this firm which Bank in 1914 and continued till 1929. began to expand and establish branches in other The year 1924 was an important year in the history cities. He had cordial relations with High His of life insurance and Sir M. Ct. Muthiah Chettiar Highness Jaya Chamaraja Wadiyar, Maharaja of played an important role in setting life insurance Mysore who opened the United India Life building on a firm foundation as the United India Life at Bangalore.

Insurance was floated by a business house owned

by Lingam Brothers and a young man named Focus on Exim Trade & Infrastrucutre: Shri Vijayendra Rao played an important role in During the term of Sir. M. Ct. Muthiah Chettiar establishing the company. However subsequently the Chamber had risen to the occasion and had the company faced financial difficulties and help taken up many subjects of importance. was sought to avoid further loss. In 1924 Sir M. The chamber was busy with important issues Ct. Muthiah Chettiar took over the company and 108